CJ OliveNetworks Appoints Yuin Sang as New CEO

Yoo In-sang, CEO of CJ OliveNetworks

CJ Olive Networks announced on the 11th that it has appointed Yoo In-sang, former LG CNS executive director, as its new CEO.

New CEO Yoo is a global ICT expert with extensive experience in the digital city & mobility sector at LG CNS, including digital platforms (IoT, data hub), digital spaces (smart buildings, smart farms), and smart SOC businesses (smart cities, smart transportation).

He is especially recognized as the top private-sector smart city expert in Korea, having overseen the national pilot city projects in Busan and Sejong based on digital platforms and data.

With Yoo's appointment, CJ Olive Networks plans to systematically advance new businesses in artificial intelligence, big data, and cloud computing, accelerating the expansion of future IT ventures.

In particular, leveraging the lifestyle platform and vast tangible and intangible assets owned by lifestyle company CJ, the company aims to lead changes in customers' spaces and daily lives through digital DX (digital transformation) innovation.

A CJ Olive Networks official explained, "Following CEO Cha In-hyuk's resignation due to personal reasons, Yoo In-sang was appointed as the next leader to continue CJ Olive Networks' innovative growth."

Meanwhile, CJ Olive Networks recorded sales of 665.2 billion KRW last year, enhancing its external competitiveness across various business areas such as AI factory, cloud, and digital marketing.

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