NC's CEO Nominee Park Byung-moo: "Securing Global Competitiveness Through Active M&A"

"Will Pursue Management and Decision-Making Efficiency and Active M&A"

Park Byung-moo, the designated co-CEO of NCSoft, announced that he will promote the streamlining of management and decision-making systems as well as active M&A (mergers and acquisitions) to drive the company's growth.

According to industry sources on the 6th, Park emphasized this during a regular meeting held earlier this month with in-house executives and leaders, stating, "2024 requires company-wide efforts for NCSoft's growth."

He explained, "Expanding the user base of live IP (intellectual property), adhering to milestones (key development stages) for new IPs, and securing global competitiveness are crucial this year," adding, "We will strengthen a data-driven decision-making system to enhance efficiency in management and decision-making processes." He also urged, "From executives and leaders to the entire company, let's become 'One Team' and embrace change."

Park also stated, "We plan to be more proactive in M&A and investment efforts to secure growth engines externally," and requested executives and leaders to actively voice their opinions.

Designated as the new co-CEO last December, Park is an investment expert who has worked as a lawyer at Kim & Chang law firm, CEO of Locus Holdings, CEO of Plenus Entertainment, CEO of Hanaro Telecom, and CEO of VIG Partners.

Park will be officially appointed through the board of directors and shareholders' meeting in March. If Park assumes the CEO position, NCSoft will transition to a co-CEO system for the first time in 27 years.

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