Hancom's Second-Generation Management System... Eldest Daughter Kim Yeonsu Appointed as New CEO
Hancom is entering its second-generation management system.
On the morning of the 2nd, Hancom held a board meeting and announced the appointment of Kim Yeon-su, the eldest daughter of Kim Sang-chul, Chairman of Hancom Group, as the new CEO of Hancom. Hancom will transition to a dual CEO system with Kim and Byun Sung-jun serving as co-CEOs.
Hancom appointed the two CEOs as Group Future Strategy Officer and Group Operations Officer, respectively, to solidify the group structure centered around Hancom.
Newly appointed CEO and Group Future Strategy Officer Kim will focus on mergers and acquisitions (M&A) and securing new growth engines for the sustainable future growth of Hancom and the group. CEO and Group Operations Officer Byun will concentrate on restructuring existing businesses, establishing cooperation models with group companies, and creating synergies.
CEO Kim graduated from Boston University and Boston College Graduate School, joined semiconductor manufacturing company Wizit in 2006, and joined Hancom Group in 2012.
CEO Kim led the acquisition and sale of the European PDF solution company iText and has been responsible for Hancom Group’s M&A activities, including the acquisitions of Hancom MDS, Hancom Inspace, Hancom Carelink, and Hancom Frontis.
In May, through HCIH, where he serves as CEO, he acquired shares worth approximately 50 billion KRW. Currently, HCIH is the second-largest shareholder of Hancom, holding a 10% stake. He also holds a 9.07% stake in Hancom With, the largest shareholder of Hancom.
Hot Picks Today
At President Lee's Call to "Give Enough to Shock," Whistleblower Rewards Become a Real Lottery
- If They Fail Next Year, Bonus Drops to 97 Million Won... A Closer Look at Samsung Electronics DS Division’s 600M vs 460M vs 160M Performance Bonuses
- Lived as Family for Over 30 Years... Daughter-in-Law Cast Aside After Husband's Death
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Hancom’s strategy with the dual CEO system is to simultaneously realize internal and external expansion, significantly contributing to accelerating the growth of Hancom Group. To this end, they plan to actively expand office software (SW) into cloud services and aggressively pursue M&A to discover new platform-based businesses.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
