In a surprising development, Samsung (OTC:SSNLF) CEO and Vice Chairman Kwon Oh-hyun said he will exit his post in March, calling for new leadership amid an "unprecedented crisis." Observers are scratching their heads, since the company has forecast a record Q3 operating profit of 14.5 trillion won ($12.8 billion) driven by the memory chip business that Kwon built up. "We are fortunately making record earnings right now, but this is the fruit of past decisions and investments... We are not able to even get close to finding new growth engines by reading future trends right now," Kwon said. The move creates huge uncertainty for Samsung's leadership, as Kwon was expected to take a bigger role after the arrest of de facto leader Jay Lee in February in a bribery scandal, followed by other key executive departures.
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.....statement worth thinking about, imo