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Kakao founder resigns from leadership role amid health and legal issues
Kakao founder Kim Beom-su has resigned as co-chair of the Corporate Alignment Council due to health issues, leaving CEO Chung Shin-a as the sole chair. Despite stepping down, Kim will continue to lead Kakao’s Future Initiative Center amid ongoing legal investigations related to stock price manipulation. The company is also spinning off its web portal unit, Daum, into a standalone entity for improved decision-making.
Kakao founder resigns from leadership role amid health and legal issues
Kakao founder Kim Beom-su has resigned as co-chair of the Corporate Alignment Council due to health issues, leaving CEO Chung Shin-a as the sole chair. Despite stepping down, Kim will continue to lead Kakao’s Future Initiative Center amid ongoing legal investigations related to alleged stock price manipulation. The company is also spinning off its web portal unit, Daum, into a standalone entity for more agile decision-making.
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