The Global Corporate Venturing and Innovation Summit 2020 in Monterey, California, brought together more than 800 corporate venturing leaders from corporations representing about $10 trillion in annual revenues.
In one of the opening presentations, Young Sohn, corporate president and chief strategy officer of consumer electronics producer Samsung, was celebrated on stage as the new chairman of the GCV Leadership Society. He replaced Wendell Brooks, president of Intel Capital, who had completed his two-year term.
Sohn oversees Samsung divisions including Samsung Catalyst Fund, Samsung Venture Investment and mergers and acquisitions, and he stressed that they ultimately represent one brand with the same objectives.
Reflecting on the “data is the…