A slump in profits for a company like Samsung could have resulted in nothing but changes in company personnel. We are already recently informed about the dismissal three top managers, but at the same time we are they wrote that the head of Samsung's mobile division, JK Shin, will keep his post. However, the list of changes in the management of the South Korean giant does not end there, the company has recently announced that the position of vice president of the company has been filled by Pranav Mistry, a man of Indian origin, under whose hands the design of Samsung's first smart watch was created, i.e. Galaxy Gear.
The company hopes that Mistry's arrival as vice president of Samsung Electronics will bring about favorable changes that will help the company get back to the position it was in before its profits fell in the last quarter. It's unclear who Samsung will put in his original spot in the wearables department, but given how much emphasis the company has placed on that department in recent months, it's sure to be a smart choice.
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