39 Hanyang Alumni are Executives at Samsung Electronics for 2020 Q1, Sixth Largest Among Domestic Universities
Out of the total number of 1,051 executives from Samsung Electronics, Hanyang alumni make up 0.98%
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According to a quarterly report that was submitted by Samsung Electronics to the Financial Supervisory Service for the first quarter of this year, 39 Samsung Electronics executives graduated from Hanyang University, making Hanyang University graduates the sixth-largest group of executives amongst other alumni from domestic universities.
The executives from this conglomerate are commonly referred to as "stars." This is because the average annual salary of executives at Samsung Electronics is over 600 million won, and with a total number of 1,051 executives, they only make up 0.98% of all the executives and staff members. The average salary of registered executives is 3 billion won, and non-registered executives’ salary is 600 million won, which is slightly less than six times the average annual salary of Samsung Electronics employees (188 million won) who have worked for at least 12 years on average.
Based on their academic backgrounds including master’s and doctoral degrees, Seoul National University had the largest number of alumni with 104 executives. This was followed by KAIST (95 executives), Yonsei University (64 executives), Korea University (58 executives), and Sungkyunkwan University (52 executives). There was a total of 39 alumni from Hanyang University, helping the university rank 6th for the largest number of alumni to become Samsung Electronics executives. Although this is not the highest level of education he acquired, Kim Hyun-suk, who graduated from the Department of Electronic Engineering, is the CEO and holds the highest executive position amongst all graduates of Hanyang University. Additionally, Um Dae-hyun, an alumnus from the School of Law (Vice President), Jang Si-ho (Vice President), and Choi Gil-hyun (Executive Director) were listed as non-registered executives.
Most of the executives from Samsung are in their 50s, with a total of 596 executive board members. However, the number of young executives in their 40s are increasing rapidly as Samsung Electronics has been advocating for a “young Samsung” over the last 10 years. The number of executives in their 40s is 41.4%, which is slightly higher than the average 18.6% of executives in their 40s at the other top 30 companies. The number of female executives stands at 55, accounting for 5.2% of the total number of executives.
Earlier this year, 166 executives were promoted amongst Samsung Electronics’ personnel. On the other hand, 125 existing executives, including two presidents, 13 vice presidents, 14 executive directors, and 39 directors, left Samsung Electronics, with some moving to subsidiary companies.
Global News Team
Translation by: Lee Jung-joo
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