Kim Beom-su's Bold Move to Replace Leadership: "I Will Lead Kakao's Substantial Reform"

Shared on the company bulletin board on the 13th

Kim Beom-su, founder of Kakao and chairman of the management innovation committee, revealed the reason for appointing Jung Shin-ah, CEO of Kakao Ventures, as the new CEO of Kakao through a company bulletin board notice on the 13th.

On the same day in the morning, Kakao held a nomination committee meeting and reported that Jung Shin-ah, who is in charge of overall business, was nominated as the sole CEO candidate of Kakao. Jung will be officially appointed as CEO after the board meeting and shareholders' meeting scheduled for March.

Chairman Kim said about the nominee Jung, "I judged that she can both strengthen Kakao's internal foundation and secure future growth engines centered on AI," adding, "As the future CEO nominee, she will lead the internal innovation task force at Kakao, setting the direction for practical innovation and overseeing detailed tasks."

He also expressed deep gratitude to "Simon" (the English nickname of CEO Hong Eun-taek), saying, "Despite the difficult internal and external circumstances, I sincerely thank him for fulfilling his role as the head of Kakao and for contemplating changes for another leap forward."

He added, "In 2024, I promise to put more effort into successfully creating a new Kakao so that we can soar once again, and I ask for the support and active participation of all the crew (employees)."

At a meeting with employees on the 11th, Chairman Kim stated, "Kakao has reached a time when fundamental change must be attempted," and "We will establish leadership to lead a new ship, a new Kakao."

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