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Void at the top after Samsung heir's bribery conviction

Under South Korean law, Lee will have to serve third of his sentence term before he could win parole

Jay Y Lee
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Jay Y Lee

Timothy W. Martin and Eun-Young Jeong | WSJ Seoul
Samsung, one of the world’s biggest business empires, faces a deepening leadership crisis after its heir and de facto head Lee Jae-yong was found guilty of bribing South Korea’s former president and sentenced to five years in prison.
 
While less than the 12 years sought by prosecutors, the jail term for the 49-year-old grandson of Samsung’s founder, and the vice chairman of Samsung Electronics Co., risks holding back a conglomerate that relies heavily on its top leadership for direction.
 
Samsung Electronics is still deliberating who, if anyone, will take Mr. Lee’s place, according to people familiar with the