Danggeun Market Appoints Hwang Doyeon as New CEO

Transition to Co-CEO System with Kim Yonghyun and Hwang Doyeon
CEO Hwang Doyeon Oversees Domestic Business and Management, CEO Kim Yonghyun Leads Global Business

Carrot Market CEOs Yonghyun Kim and Doyeon Hwang

[Asia Economy Reporter Kim Cheol-hyun] Danggeun Market is reorganizing into a dual CEO system with Kim Yong-hyun and Hwang Do-yeon. Danggeun Market announced that it held a board meeting on the 24th and newly appointed Hwang Do-yeon, Vice President in charge of the business division, as CEO. The official inauguration date is the 28th.

Danggeun Market explained that it appointed Vice President Hwang Do-yeon as the new CEO to strengthen service competitiveness as well as to achieve solid corporate growth and accelerate business development.

CEO Hwang is expected to grow Danggeun Market’s services and business with a balanced perspective. Starting as a product engineer, he is recognized as an expert proficient in IT platform business and business operations, as well as having a deep understanding of services. CEO Hwang graduated from Seoul National University with a degree in Computer Engineering and has worked at prominent companies such as Accenture, 11st, and Kakao.

Since joining Danggeun Market as Vice President in charge of the business division in March last year, CEO Hwang has developed various local businesses and new ventures. He has nurtured key business areas such as Biz Profile, local commerce, Danggeun Alba, used cars, and real estate as next-generation growth engines, while also leading the advertising business division, a representative revenue model of Danggeun Market.

CEO Hwang stated that he will maintain Danggeun Market’s vision as a local lifestyle community, prioritize customer experience, and build a healthy business model on that foundation. Additionally, amid rapid changes with the number of employees more than doubling in a year, he plans to cultivate and evolve a culture appropriate to the company’s growth stage and organizational scale.

Kim Yong-hyun, who will lead Danggeun Market alongside new CEO Hwang, oversees global business from the local base in Canada, the overseas business forward base, continuing efforts to establish 'Karrot (Danggeun Market’s global service)' as a world-class service. Former CEO Kim Jae-hyun has transitioned to the role of Chief Strategy Officer (CSO) and will focus on designing Danggeun Market’s long-term vision and future strategic direction.

CEO Hwang said, "My goal is to continue growing the service while carrying forward Danggeun Market’s vision as a local community," adding, "We will not only enhance the service to become an essential part of users’ lives but also address important challenges such as business diversification."

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