Samsung's Chief Marketing Officer Marc Mathieu has abruptly resigned after the tech major launched an investigation into kickbacks between its employees and marketing partners.
"Samsung Electronics Co. audited its US marketing operation to investigate whether employees violated company policies in their dealings with business partners, resulting in layoffs of several staffers," The Wall Street Journal reported on Friday.
The layoffs and the internal probe came amid broader changes at the company, including the recent departure of the top US marketing executives and other senior executives outside the marketing group, the report added.
Notably, Mathieu was instrumental in pushing Samsung to invest in the YouTube creator community and steered the company through several difficult periods, including the disastrous Galaxy Note 7's recall in 2016.
He also helped launch the Galaxy S8 and S8 Plus -- the devices phones that lived up to the expectations to restore the company's dented reputation -- the following year .
The report noted that marketing employees often accompany partners to sponsored entertainment events such as the Super Bowl or Oscars and that such behaviour can pose a conflict of interest.
--IANS
ksc/pg/bg
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
