Samsung C&T Corporation (Construction & Trading Corporation) (formerly Samsung Corporation) (Korean: 삼성물산), was founded in 1938 as a parent company of Samsung Group to engage in overseas sales operations. Since 1995, it has been largely focused on global engineering and construction projects, trade and investment, fashion and resorts. The corporation is governed by an 11-member Board of Directors, made up of the President and CEOs of its four working groups (Engineering & Construction, Trading & Investment, Fashion, and Resort), the corporation's CFO, and six independent members. Samsung C&T employs over 17,000 people.