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Samsung Group narrowly survived a bid by U.S. activist hedge fund Elliott Management last year to block a controversial merger of two group businesses, Samsung C&T and Cheil Industries. The deal sparked criticism that the Lee family put its interests ahead of those of shareholders.
In its latest campaign, Elliott Cheap Buffalo Sabres Jersey , which owns 0.62 percent of Samsung Electronics, is calling for the world's biggest smartphone maker to be split in two, and for shareholders to be handed a 30 trillion won ($26 billion) dividend.
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Samsung Electronics said in October it will respond to Elliott's latest proposals by the end of this month.
Lee, 48, the conglomerate's unassuming heir-apparent had previously orchestrated operations from behind the scenes after his father Lee Kun-hee was hospitalized in 2014 following a heart attack. He had finally been persuaded to stand for a seat on Samsung Electronics' board at next year's March shareholder meeting Cheap Arizona Coyotes Jersey , people familiar with the matter told Reuters.
But the sale of the company's printer business to HP Inc (HPQ.N) required investor approval, triggering a shareholder meeting last month, and a chance to get Lee on to the board ahead of schedule.
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Samsung Electronics said Lee was nominated for the October meeting rather than March so he could participate more actively in important decisions such as the composition of the management team and acquisitions. The board seat also gives Lee formal responsibility for the company's manageme.