40s Investment Analysis Expert Yoo Jae-wook Appointed as CEO of SK Planet
SK Group, which is undergoing rebalancing (business restructuring), has appointed an investment analysis and strategy expert in his 40s as the new CEO of SK Planet.
According to SK Group on the 4th, SK Planet, a subsidiary of SK Square, replaced its CEO as of the 1st of this month, appointing Yoo Jae-wook as the new CEO. Born in 1977, Yoo graduated from Seoul National University with a degree in Earth Environmental Systems Engineering and has worked in the strategy division since joining SK Telecom in 2003. He later served as head of investment analysis at SK Inc., overseeing investments in Vietnam, among other responsibilities.
SK Planet has been the company nurturing SK Group's representative IT new businesses such as T map and 11st. It has sold major businesses to SK Telecom and SK Square and currently operates services like Syrup and OK Cashback.
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Starting with personnel changes at SK Ecoplant last month, SK Group has replaced CEOs at major affiliates of SK Innovation, including SK Energy, SK Geocentric, and SK IE Technology (SKIET). The new CEOs, including those at SK Geocentric and SKIET, are from the 1970s generation, making the leadership younger. With the appointment of another CEO in his 40s at SK Planet, there is an increasing expectation that young talent will be promoted in the upcoming regular group executive personnel reshuffle scheduled for early next month.
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