Samsung Electronics vice chairman Lee Jae-yong made a self-declaring declaration of the 'succession' issue that was taboo in Samsung today (6th) at the apology of the public.

Vice Chairman Lee said with thoughts that he had in mind for a long time today, "I will not give management to my children."

It was a pledge to cease the succession of Samsung Group's management rights in the founding chairman Lee Byung-cheol in chairman Lee Kun-hee and vice chairman Jae-yong Lee.

He mentioned at the National Assembly hearing in December 2016 that "If there is someone better than me, I will always hand over management."

At the same time, he emphasized that it is his responsibility and mission to 'bring in great talent from outside, regardless of gender, academic background, and nationality'.

In particular, he emphasized, "It is a vocation to do to make Samsung continue to be Samsung" to ensure that the talents lead the business in an important position while working hard with a sense of ownership and mission. "

This remark is based on Samsung's long-term professional management system transition, and is based on the realization that the highest level of management is indispensable to survive in a fierce global competitive environment.

In addition, it also means that Samsung has reflected the justification that it is necessary to lead the business by talented people with expertise, insight, and global capabilities in order to take a leap forward.

Regarding the contents of these responses, some staff members expressed strong opposition and concerns in the course of the discussion, but the vice president was said to have convinced him, 'I have been thinking about it for a long time, and my intention in this regard is firm.'

Along with this, Vice Chairman Lee promised, "Now, we will no longer have controversy over the succession of management rights."

He humbly accepted that the various controversies and suspicions surrounding Samsung are directly or indirectly related to the succession issue, and revealed a clear will to comply with compliance obligations in the future.

In fact, there were succession issues at the core of social criticism of Samsung, such as Samsung Everland Convertible Bonds (CB), Samsung SDS New Shareholders' Bond (BW), and ongoing bribery trials.

"We will not violate the law, nor will we lean against shortcuts or be ethically condemned," Lee said. "We will focus solely on raising the value of the company."

(Photo = Yonhap News)