Samsung Americas EVP Out, Goes To Small Analytics Company

Samsung's Americas Executive Vice Price Frank De Fina, is resigning.

De Fina says he plans to "pursue opportunities nearer to my home where I can achieve a better balance between work and family."

This comes at an interesting time as Samsung in the past year has surged.

In an interview with SSI, De Fina is taking a lot of credit, saying that "Almost five years ago when I came here [the company] was a shell. There really was no company. There were no processes in order. There was no team."

This may very well be true, though undoubtedly Samsung's focus on much more competitive products (with WiseNet III) and super low pricing surely was necessary.

De Fina says Samsung Security America's business is up 75% this year over last. That too may be the case, though it's on a comparatively low base. However, we certainly think Samsung's expansion has contributed to struggles at Axis, Sony, Panasonic, etc.

Will De Fina's exit slow Samsung in the Americas?

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