Krafton CEO Kim Chang-han's Compensation Last Year 3.5 Billion KRW... 242% Increase YoY

Changhan Kim, CEO of Krafton, received approximately 3.5 billion KRW in compensation last year.

According to the business report disclosed by Krafton on the 18th, CEO Kim received a total compensation of 3.541 billion KRW, including a salary of 727 million KRW, bonuses of 2.795 billion KRW, and other labor income of 18 million KRW. This represents a 242% increase from the 1.035 billion KRW compensation in 2022.

CEO Kim's bonuses of 2.795 billion KRW were paid as short-term and long-term performance incentives. The short-term bonus is an incentive for 2022 performance, while the long-term bonus is stock or stock value-linked cash compensation for long-term performance. It is granted in the form of RSUs (Restricted Stock Units) as a stock price-linked long-term compensation system, and CEO Kim received 4,200 treasury shares.

Last year's compensation does not include the remaining 168,245 stock options (exercise price 1,452 KRW) and 700,000 stock options (exercise price 144,000 KRW) that have not yet been exercised. Among the remaining 700,000 stock options, 35,800 shares include RSUs (stock and stock value-linked cash), and the final payment amount is determined based on the stock price at the vesting date and included as a bonus in labor income.

The highest-paid executive at Krafton was Nam Youngseon, former head of the Game Production & Media Expansion Division at HQ, who retired from Krafton. He received 3.975 billion KRW in compensation last year, including a salary of 424 million KRW, bonuses of 197 million KRW, and retirement income of 3.333 billion KRW.

Next, Byungho Park, a retiree who worked at Krafton America, received a total of 2.8 billion KRW in compensation, including a salary of 504 million KRW, bonuses of 1.81 billion KRW, retirement income of 910 million KRW, and other income of 31 million KRW.

Jang Taeseok, Head of PUBG Studio (Director), received a total of 1.93 billion KRW, including a salary of 700 million KRW, bonuses of 1.212 billion KRW, and other labor income of 18 million KRW. CFO (Chief Financial Officer) Donggeun Bae received a total compensation of 1.796 billion KRW, including a salary of 1.05 billion KRW and bonuses of 728 million KRW.

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