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w-full px-0 lg:px-4"><span style="box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:55.00000000000001%"></span><img alt="Samsung gets first woman CEO outside founding family in 86 years" src="https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/421159416%20%281%29.jpg?m4IESsySidVkGGWA.czNmxsDZ_5z.0lh" decoding="async" data-nimg="responsive" class="object-cover cursor-pointer body-image-349905" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/></span></div><div class="px-4"><div class="border-l-2 border-l-gray-390 pl-2 mt-2 text-gray-600 font-normal text-[12px] resizer_image_caption">A doctor in neurotoxicology from the Johns Hopkins University, Kim Kyung-Ah has been named president and CEO of Samsung Bioepis. Photo: Bloomberg</div><div class="jsx-38dfd35d1770c5fb"><div class="jsx-38dfd35d1770c5fb sticky top-[106px] z-30"><div class="jsx-38dfd35d1770c5fb absolute -right-11"><div class="fixed bottom-18 right-4 lg:static z-50 print:hidden"><div class="cursor-pointer"><div class="flex gap-x-0.5 w-30 absolute -left-17 gtm_font_resizer -z-40 hidden"><img class="mb-px gtm_font_resizer_increase" role="button" src="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/font_resizer_add.svg" width="32" height="32" border="0" alt="Font Resizer"/><img class="mb-px gtm_font_resizer_decrease" role="button" src="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/font_resizer_minus.svg" width="32" height="32" border="0" alt="Font Resizer"/></div><img class="mb-px gtm_font_resizer" role="button" src="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/font_resizer.svg" width="32" height="32" border="0" alt="Font Resizer"/></div><div class="sticky_sharethis_toolbox" data-url="/news/company-news/samsung-gets-first-woman-ceo-outside-founding-family-86-years" data-title="Samsung gets first woman CEO outside founding family in 86 years"><div class="flex flex-col custom_images"><div class="st-custom-button" data-network="whatsapp"><a class="addthis_button_whatsapp gtm_social_share_whatsapp"><img class="mb-px gtm_social_share_whatsapp" src="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/wa_share.svg" width="32" height="32" border="0" alt="Share to Whatsapp"/></a></div><div class="st-custom-button" data-network="facebook"><a class="addthis_button_facebook gtm_social_share_facebook"><img class="mb-px gtm_social_share_facebook" src="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/fb_share.svg" width="32" height="32" border="0" alt="Share to Facebook"/></a></div><div class="st-custom-button" data-network="linkedin"><a class="addthis_button_linkedin gtm_social_share_linkedin"><img class="mb-px gtm_social_share_linkedin" src="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/linkedin_share.svg" width="32" height="32" border="0" alt="Share to LinkedIn"/></a></div></div></div><img role="button" src="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/scroll_to_top.svg" width="32" height="32" border="0" alt="Scroll to top" class="gtm_scroll_to_top"/></div></div></div><div class="flex gap-2 text-orange-500 bg-white font-normal text-sm py-2 px-2 mt-4 mb-6"><div class="w-5 h-5 relative"><span style="box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:absolute;top:0;left:0;bottom:0;right:0"><img alt="" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" data-nimg="fill" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="" sizes="100vw" srcSet="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg 640w, https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg 750w, https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg 828w, https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg 1080w, https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg 1200w, https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg 1920w, https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg 2048w, https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg 3840w" src="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg" decoding="async" data-nimg="fill" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" loading="lazy"/></noscript></span></div><span>Follow us on <a target="_blank" rel="noreferrer" href="https://www.facebook.com/theedgesingapore" class="font-semibold underline gtm_follow_facebook">Facebook</a> and join our <a target="_blank" rel="noreferrer" href="https://edgesg.link/joinTelegram" class="font-semibold underline gtm_follow_telegram">Telegram</a> channel for the latest updates.</span></div><article class="jsx-38dfd35d1770c5fb"><div class="non-paywall"><p class="resizer_article_body ">For Samsung Group, this has been a year of milestones. First, <a href="https://www.theedgesingapore.com/news/company-news/samsung-makes-rare-apology-after-results-sag-despite-ai-boom">a rare public apology</a> from its flagship Samsung Electronics, followed by a bumper share buyback. And now, South Korea’s biggest conglomerate has named a woman that’s not member of its founding family as chief executive officer of a group company for the first time in its 86 years.</p><p class="resizer_article_body ">In a country where women business leaders have long struggled to make inroads into corporate boards and C-suites, the appointment of Kim Kyung-Ah as president and CEO of Samsung Bioepis is a story likely to inspire the next generation of executives.</p><p class="resizer_article_body ">Established in 2012, Samsung Bioepis is a biopharmaceutical company.</p><p></p> <div class="z-0 hidden"><div class="adunitContainer"><div class="adBox"></div></div></div><p class="resizer_article_body ">A doctor in neurotoxicology from the Johns Hopkins University, Kim, 56, has more than two decades of experience in biologic development and will oversee product developments.</p><p class="resizer_article_body ">Her promotion takes immediate effect and comes as part of Samsung’s management reshuffle announced Wednesday.</p><p class="resizer_article_body ">Neurotoxicology delves into the adverse effects of chemical and biological agents on the nervous system.</p><div id="videoAdsContainer" style="display:none;position:relative;max-width:640px;margin:10px auto"><div id="pageContent" style="overflow:hidden;position:relative;padding-bottom:56.25%"><div class="absolute w-full top-0 opacity-100 z-[9101] text-white text-center text-xs mt-2 false"><a class="btnLearnMore" target="_blank"><span class="text-[14px] mr-1 text-white">Learn More</span><span><svg viewBox="0 0 12 12" preserveAspectRatio="xMidYMid meet" class="inline-block w-3 h-3 fill-white"><path d="M6,0.5A5.5,5.5,0,1,0,11.5,6,5.5,5.5,0,0,0,6,.5ZM5.2,9.736L3.9,8.443,6.346,6,3.9,3.557,5.2,2.264,8.932,6Z"></path></svg></span></a></div><video id="videoAdsContentElement" loop="" playsinline="" style="position:absolute;top:0;left:0;width:100%;height:100%"></video><div id="adContainer" 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cursor-pointer" style="display:none" id="screenMinimize"><div><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 512 512" class="text-3xl" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill="none" stroke-linecap="round" stroke-linejoin="round" stroke-width="32" d="M304 96h112v112m-10.23-101.8L111.98 400.02M208 416H96V304"></path></svg></div></div></div></div></div><p class="gtm_see_also resizer_article_in_read_see_also "><span class="see_also_inread"><b>See also: <a class="gtm_see_also_1_inread" style="text-decoration:underline" href="/news/company-news/new-world-developments-ceo-eric-ma-leave-after-two-months-succession-saga-twist?utm_source=website&utm_medium=article&utm_campaign=ONPAGESEO">New World Development’s CEO Eric Ma to leave after two months in succession saga twist</a></b></span></p><p></p> <div class="z-[99] relative hidden"><div class="adunitContainer"><div class="adBox"></div></div></div><p class="resizer_article_body ">While Kim’s ability to break the glass ceiling may stand out, female executives account for just 10% of the board at 269 large listed companies in 2023, according to Seoul-based consultancy CEOScore. That despite women and men being equally educated in the country.</p><p class="resizer_article_body ">The proportion of women has been increasing gradually from 3% in 2019 and 6.9% in 2021, according to CEOScore. The increase comes in the wake of the government revising a law in 2020 that prohibits a large listed company from having an all-male or all-female board.</p><p class="resizer_article_body ">The lack of female leaders in South Korean companies reflects the widespread gender inequality in the country, which has the highest wage gap among developed countries, according to data from the Organisation for Economic Co-operation and Development.</p><p class="gtm_see_also resizer_article_in_read_see_also "><span class="see_also_inread"><b>See also: <a class="gtm_see_also_2_inread" style="text-decoration:underline" href="/news/company-news/interra-resources-granted-12-month-extension-meet-sgx-watch-list-exit-requirements?utm_source=website&utm_medium=article&utm_campaign=ONPAGESEO">Interra Resources granted 12-month extension to meet SGX watch-list exit requirements</a></b></span></p><p></p> <div class="z-[99] relative hidden"><div class="adunitContainer"><div class="adBox"></div></div></div><p class="resizer_article_body ">Prior to joining Bioepis in 2015, Kim worked as principal scientist and later as vice president at the Samsung Advanced Institute of Technology, Samsung’s research and development arm, focusing on antibody therapeutics targeting oncology.</p><p class="resizer_article_body ">Kim becomes the second woman to lead a Samsung affiliate. Lee Boo-jin — granddaughter of late Samsung founder Lee Byung-chull and CEO of Hotel Shilla, was the first woman to run a Samsung subsidiary.</p><p class="resizer_article_body ">Samsung was started in 1938 when founder Lee opened his first business, a store selling dried fish, fruit and noodles, in the southern city of Daegu.</p><p></p> <div class="z-0 hidden"><div class="adunitContainer"><div class="adBox"></div></div></div><p class="resizer_article_body ">Lee expanded into transportation, real estate, brewing and insurance, and moved to Seoul in 1947.</p><p class="resizer_article_body ">He opened Samsung Electronics in 1969, running the company until his death in 1987.</p><p class="resizer_article_body ">His grandchildren are now running the conglomerate along with professional managers after former chairman Lee Kun-hee died in 2020. </p></div></article><div class="flex items-center py-4.5 border-y w-full border-y-gray-380 mt-6"><div class="flex flex-wrap gap-2 "><span class="text-sm 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Photo: Bloomberg","is_premium":false,"published_at":"1732886512","date":"November 29, 2024"},{"type":"POPULAR","node_created":"1732806784","nid":"349966","title":"Brokers’ Digest: CDL, PropNex, PLife REIT, KIT, SingPost, Grand Banks Yachts, Nio, Frencken, ST Engineering, UOB","cover_uri":"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/00%20SINGAPORE%2021%20BLOOMBERG_0.jpg?TKX_q.dbde7eaAM7cBO2G3sexZeJIPno","alias":"/capital/brokers-calls/brokers-digest-cdl-propnex-plife-reit-kit-singpost-grand-banks-yachts-nio","category":"Broker's Calls","category_url":"/flash-categories/brokers-calls","social_media_caption":"Here's what the analysts have to say about these counters this week. ","image_caption":"Here's what the analysts have to say about these counters this week. Photo: Bloomberg","is_premium":true,"published_at":"1732806784","date":"November 28, 2024"}],"data_article_detail":{"nid":"349905","title":"Samsung gets first woman CEO outside founding family in 86 years","body_value":[{"type":"text","content":"For Samsung Group, this has been a year of milestones. First, \u003ca href=\"https://www.theedgesingapore.com/news/company-news/samsung-makes-rare-apology-after-results-sag-despite-ai-boom\"\u003ea rare public apology\u003c/a\u003e from its flagship Samsung Electronics, followed by a bumper share buyback. And now, South Korea’s biggest conglomerate has named a woman that’s not member of its founding family as chief executive officer of a group company for the first time in its 86 years.","description":""},{"type":"text","content":"In a country where women business leaders have long struggled to make inroads into corporate boards and C-suites, the appointment of Kim Kyung-Ah as president and CEO of Samsung Bioepis is a story likely to inspire the next generation of executives.","description":""},{"type":"text","content":"Established in 2012, Samsung Bioepis is a biopharmaceutical company.","description":""},{"type":"text","content":"A doctor in neurotoxicology from the Johns Hopkins University, Kim, 56, has more than two decades of experience in biologic development and will oversee product developments.","description":""},{"type":"text","content":"Her promotion takes immediate effect and comes as part of Samsung’s management reshuffle announced Wednesday.","description":""},{"type":"text","content":"Neurotoxicology delves into the adverse effects of chemical and biological agents on the nervous system.","description":""},{"type":"see_also_inread","content":"\u003cspan class='see_also_inread'\u003e\u003cb\u003eSee also: \u003ca class='gtm_see_also_1_inread' style='text-decoration: underline;' href='/news/company-news/new-world-developments-ceo-eric-ma-leave-after-two-months-succession-saga-twist?utm_source=website\u0026utm_medium=article\u0026utm_campaign=ONPAGESEO'\u003eNew World Development’s CEO Eric Ma to leave after two months in succession saga twist\u003c/a\u003e\u003c/b\u003e\u003c/span\u003e","description":""},{"type":"text","content":"While Kim’s ability to break the glass ceiling may stand out, female executives account for just 10% of the board at 269 large listed companies in 2023, according to Seoul-based consultancy CEOScore. That despite women and men being equally educated in the country.","description":""},{"type":"text","content":"The proportion of women has been increasing gradually from 3% in 2019 and 6.9% in 2021, according to CEOScore. The increase comes in the wake of the government revising a law in 2020 that prohibits a large listed company from having an all-male or all-female board.","description":""},{"type":"text","content":"The lack of female leaders in South Korean companies reflects the widespread gender inequality in the country, which has the highest wage gap among developed countries, according to data from the Organisation for Economic Co-operation and Development.","description":""},{"type":"see_also_inread","content":"\u003cspan class='see_also_inread'\u003e\u003cb\u003eSee also: \u003ca class='gtm_see_also_2_inread' style='text-decoration: underline;' href='/news/company-news/interra-resources-granted-12-month-extension-meet-sgx-watch-list-exit-requirements?utm_source=website\u0026utm_medium=article\u0026utm_campaign=ONPAGESEO'\u003eInterra Resources granted 12-month extension to meet SGX watch-list exit requirements\u003c/a\u003e\u003c/b\u003e\u003c/span\u003e","description":""},{"type":"text","content":"Prior to joining Bioepis in 2015, Kim worked as principal scientist and later as vice president at the Samsung Advanced Institute of Technology, Samsung’s research and development arm, focusing on antibody therapeutics targeting oncology.","description":""},{"type":"text","content":"Kim becomes the second woman to lead a Samsung affiliate. Lee Boo-jin — granddaughter of late Samsung founder Lee Byung-chull and CEO of Hotel Shilla, was the first woman to run a Samsung subsidiary.","description":""},{"type":"text","content":"Samsung was started in 1938 when founder Lee opened his first business, a store selling dried fish, fruit and noodles, in the southern city of Daegu.","description":""},{"type":"text","content":"Lee expanded into transportation, real estate, brewing and insurance, and moved to Seoul in 1947.","description":""},{"type":"text","content":"He opened Samsung Electronics in 1969, running the company until his death in 1987.","description":""},{"type":"text","content":"His grandchildren are now running the conglomerate along with professional managers after former chairman Lee Kun-hee died in 2020. ","description":""}],"category_id":"247","category":"Company in the news","category_url":"/flash-categories/company-news","cover_uri":"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/421159416%20%281%29.jpg?m4IESsySidVkGGWA.czNmxsDZ_5z.0lh","mp3_uri":"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/text_to_speech/tts_349905_1779029274.mp3","mp3_duration":"207.43","author":"Bloomberg","created":"1732697317","alias":"/news/company-news/samsung-gets-first-woman-ceo-outside-founding-family-86-years","updated":"1732697627","social_media_caption":"A doctor in neurotoxicology from the Johns Hopkins University, Kim Kyung-Ah has been named president and CEO of Samsung Bioepis. ","author_id":173665,"is_advertorial":false,"related_article":null,"image_caption":"A doctor in neurotoxicology from the Johns Hopkins University, Kim Kyung-Ah has been named president and CEO of Samsung Bioepis. Photo: Bloomberg","is_premium":false,"is_force_paywall":null,"dt_created_iso":"2024-11-27T16:48:37+08:00","dt_updated_iso":"2024-11-27T16:53:47+08:00","date_format":{"date1":"Wed, Nov 27, 2024","date2":"11/27/2024","time":"04:48 PM GMT+08"},"date":"November 27, 2024","reading_time":3,"author_link":"\u003ca href=\"/authors/Bloomberg\" target=\"_blank\"\u003e\u003cspan class=\"article-author\"\u003eBloomberg\u003c/span\u003e\u003c/a\u003e","author_url":"/authors/Bloomberg","author_image":"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/bloomberg-logo%20%281%29.png?LUXEih5tpo6y_yKrTUyPg3x_v1s7M0pP","tags":[{"tid":"1739","name":"Samsung","urls":"/tags/samsung"}],"related_story":[{"nid":"348595","title":"Samsung makes rare apology after results sag despite AI boom","category":"Company in the news","category_url":"/flash-categories/company-news","author":"Bloomberg","created":"October 08, 2024","alias":"/news/company-news/samsung-makes-rare-apology-after-results-sag-despite-ai-boom","cover_uri":"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/418030971%20%281%29.jpg?YbdybYh3MskhPHWPcVTp1X7SL1JkytxP","author_id":173665,"reading_time":3,"author_url":"/authors/Bloomberg"},{"nid":"348453","title":"Samsung to cut thousands of jobs amid struggles in AI market","category":"News","category_url":"/flash-categories/news","author":"Bloomberg","created":"October 02, 2024","alias":"/digitaledge/news/samsung-cut-thousands-jobs-amid-struggles-ai-market","cover_uri":"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/417549161.jpg?52m.ZxqUP755u3gy5CE1H0ye0OBIWII_","author_id":173665,"reading_time":3,"author_url":"/authors/Bloomberg"},{"nid":"347205","title":"Samsung begins closing gap in making AI memory chips for Nvidia","category":"Investing ideas","category_url":"/flash-categories/investing-ideas","author":"Yoolim Lee and Ian King","created":"August 01, 2024","alias":"/capital/investing-ideas/samsung-begins-closing-gap-making-ai-memory-chips-nvidia","cover_uri":"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/414427911%281%29%20%281%29.jpg?UaYzn0bdRNscq1ZrMnZ47iFTLZb.7y2w","author_id":0,"reading_time":8,"author_url":""}],"next_article":["349904","349869","349866","349864","349861","349850","349851","349841","349833","349831","349830","349827","349826","349756","349736","349732","349731","349719","349659","349657"]}}},"stockTickerAdvResponse":false,"section":"news","host":"https://www.theedgesingapore.com","apiUrl":"http://tes-web/","deviceType":"desktop","os":"Windows","baypassPremiumContent":{"hasAccessToPremium":false,"redirectTo":null}},"__N_SSP":true},"page":"/[section]/[category]/[slug]","query":{"section":"news","category":"company-news","slug":"samsung-gets-first-woman-ceo-outside-founding-family-86-years"},"buildId":"UYSABVj648dQ7KOwIslim","isFallback":false,"dynamicIds":[45023,92858,25813,31890],"gssp":true,"scriptLoader":[]}</script><script>(function(){function c(){var b=a.contentDocument||a.contentWindow.document;if(b){var d=b.createElement('script');d.innerHTML="window.__CF$cv$params={r:'8eb0ffb679844070',t:'MTczMzAzNDMxNS4wMDAwMDA='};var a=document.createElement('script');a.nonce='';a.src='/cdn-cgi/challenge-platform/scripts/jsd/main.js';document.getElementsByTagName('head')[0].appendChild(a);";b.getElementsByTagName('head')[0].appendChild(d)}}if(document.body){var a=document.createElement('iframe');a.height=1;a.width=1;a.style.position='absolute';a.style.top=0;a.style.left=0;a.style.border='none';a.style.visibility='hidden';document.body.appendChild(a);if('loading'!==document.readyState)c();else if(window.addEventListener)document.addEventListener('DOMContentLoaded',c);else{var e=document.onreadystatechange||function(){};document.onreadystatechange=function(b){e(b);'loading'!==document.readyState&&(document.onreadystatechange=e,c())}}}})();</script></body></html>