Iguk Hwan, CEO of Baedal Minjok, Resigns Due to "Personal Reasons"
Inside Director Bandepeet Appointed as Interim CEO
Woowa Brothers, the operator of Baedal Minjok, announced on the 2nd that CEO Lee Guk-hwan resigned due to personal reasons.
On the same day, Woowa Brothers held a board meeting in the morning and appointed internal director Peter-Jan Vandeput as the interim CEO. Vandeput will serve as interim CEO until the next CEO, who is currently being nominated, is officially appointed.
Former CEO Lee Guk-hwan, who came from consulting firm McKinsey, joined Woowa Brothers in 2017. He is credited with playing a key role in the growth of Woowa Brothers by creating the food delivery business including Baemin1, as well as delivery commerce businesses such as B Mart and Baemin Store.
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The next CEO nominee of Woowa Brothers is expected to be appointed after the shareholders' meeting and board resolution following August.
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