BREAKING NEWS: Phil Newton Quits Samsung Australia
Phil Newton, the Corporate Vice President and Chief Marketing Officer at Samsung Australia, has quit. He will leave the company in August.
Newton, who was tipped to become CEO of Samsung Australia, has an extensive background running and managing technology companies, having previously worked as managing director and as vice-president Asia-Pacific at BenQ, and as a senior executive at Mitsubishi.
At this stage, it’s not known where Newton is going. This time last year, the former head of consumer at Samsung was battling a health scare. It’s also been tipped that Newton has been approached to take a CEO role in a major technology company.
Samsung Australia appointed Newton to the role of Vice President and Chief Marketing Officer in July 2015. After joining the company in 2009, Newton worked in a number of senior leadership positions, including the Director of IT and Business-to-Business, and the Director of TV and Audio Visual.
“We thank Philip for his contribution to Samsung over the last eight years,” Samsung Electronics Australia President Harry Lee said.
“During his time the company, Philip has helped to transform our business to achieve growth and leadership across a number of business areas including IT and business-to-business, home appliances and TVs, where he increased market share from 17 percent to 30 percent within a six month period,” Lee said.
The company also noted Newton was the first and only Samsung Australia employee to be appointed to the position of Corporate Vice President by Samsung Electronics, which it said was “a significant honour awarded to a select few Samsung Electronics employees globally”.
“I have worked for a number of electronics companies throughout my career, however, my time with Samsung has been one of the most rewarding,” Newton said.
“I have been fortunate to have had the opportunity to launch many new products that have been ‘world-firsts’ and to lead teams of talented people to transform the way electronics companies do business in Australia; from best-in-class retail executions through to brand marketing… My time with Samsung has been extremely fulfilling and I’m grateful for the many opportunities that the company has provided me.”
Newton’s final day at Samsung Australia will be on August 9. The company said it had commenced a search for his replacement, and expects to make an announcement in the coming weeks.