CEO Han Seong-sook to Lead Naver for 3 More Years

[Asia Economy Reporter Bu Aeri] Han Seong-suk, CEO of Naver, was confirmed for a second term on the 27th. The term is three years.

At the shareholders' meeting held that morning at Green Factory in Seongnam, Gyeonggi Province, CEO Han stated, "Amid an unprecedented global crisis, the importance of internet platform services seems greater than ever," adding, "Naver will faithfully fulfill the societal role demanded by the times based on the technology and platform capabilities accumulated so far." She continued, "Through new innovations, we will achieve sustainable growth in global competition."

Since taking office in March 2017, CEO Han has earned trust by achieving Naver's external growth. Annual sales, which were 4 trillion won in 2016, increased by 1 trillion won each year, surpassing 6 trillion won last year. CEO Han is also recognized for laying the foundation for Naver's continuous growth by discovering new businesses such as fintech and artificial intelligence (AI). This year, she plans to focus on establishing next-generation growth engines such as webtoons and finance and leveraging them to deliver business results.

This content was produced with the assistance of AI translation services.