At Samsung Electronics, Lee signals more board power in nod to investors

At Samsung Electronics, Lee signals more board power in nod to investors

Jay Y. Lee, the only son of Samsung Electronics chairman Lee Kun-hee and the company's vice chairman, attends the 2015 HO-AM Prize ceremony which was established by Lee Kun-hee, in Seoul, South Korea, June 1, 2015. REUTERS/Cho Seong-joon/Pool

Jay Y. Lee, de facto head of South Korea’s sprawling Samsung Group, accelerated taking a board seat at flagship unit Samsung Electronics (005930.KS) partly because of investor pressure to improve governance, two people familiar with the matter said.

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