Coupang's Kim Beom-seok Becomes Chairman... Kang Han-seung and Park Dae-jun Launch Dual CEO System
Chairman Kim to Focus on Strategy Development and Innovation... CEO Gomyungju 'Leaves'
[Asia Economy Reporter Kim Heeyoon] Coupang announced on the 30th that it will change from a four co-CEO system to a two co-CEO system starting from the new year.
CEO Kim Beom-seok will focus on setting the company's strategic direction as the chairman of the board. Coupang will start the new year with two co-CEOs, Kang Han-seung and Park Dae-jun. CEO Go Myung-joo has expressed his intention to resign due to personal reasons.
Coupang will hold a board meeting on the 31st of this month to approve the change to the two co-CEO system. This CEO change is a measure to further develop Coupang's business based on specialized role division.
CEO Kim Beom-seok plans to focus on devising strategies from a broad perspective and creating innovations that improve customers' lives, while CEO Kang Han-seung will oversee the company's operations. CEO Park Dae-jun will continue to be in charge of new business areas as before.
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A Coupang official said, "The two proven CEOs plan to operate each division efficiently and with momentum based on their respective expertise."
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