Naver Cloud Transitions to Co-CEO System with Park Won-gi and Kim Yoo-won as Dual Leaders

[Asia Economy Reporter Kang Nahum] Naver Cloud announced on the 29th that it has appointed Kim Yuwon, Naver's Head of Data, as co-CEO. Kim will serve as co-CEO alongside current CEO Park Won-ki starting this September.

Kim joined Naver (then NHN) in 2006 and has been recognized as one of the top data and technology experts in Korea, consistently conducting research in big data and machine learning while handling data analysis and utilization tasks. He has supported key business and service decisions with broad insights based on data and has led company-wide digital transformation efforts driven by data.

The Naver Cloud board explained the background of the appointment, stating, "As recent business growth accelerates and competition with global players intensifies, we reviewed leadership changes to swiftly advance both global business expansion and the current cloud business enhancement."

Kim plans to expand synergies between Naver and the cloud business and, together with CEO Park, aims to grow Naver Cloud into a global cloud platform.

CEO Park will assist in ensuring the smooth continuation of existing operations through this year and will take on the role of Head of APAC (Asia-Pacific) Business Development starting next year, focusing on global business expansion for Naver Cloud's future growth.

Naver Cloud stated, "We expect that through various synergies with technologies owned by Naver, including big data technologies where Kim has strengths, Clova, Papago, and Robotics, Naver Cloud will build a solid and competitive technological capability in the global market."

◆ Profile of Kim Yuwon, Appointed Co-CEO of Naver Cloud

▲ Born in 1971 ▲ Bachelor's, Master's, and Doctorate in Statistics from Seoul National University ▲ Head of Data Information Center at Naver (NHN) ▲ Executive Director at NHN (NHN Entertainment) ▲ Naver Biz Data Leader ▲ Head of Naver Data Insight Center ▲ Head of Naver Data

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