CEO Jung, interim chairman of corporate restructuring
“Please proceed with restructuring and co-prosperity without any issues”,
,
,
, ‘To minimize the vacuum created by the arrest of Kim Beom-soo, chairman of Kakao’s corporate restructuring committee, Kakao is entering an emergency management system with CEO Jung Shin-ah at the center.’,
,
, ‘On the morning of the 25th, Kakao held a group executive meeting chaired by CEO Jung to discuss internal and external risks and concrete response measures.’,
,
, ‘During the meeting, Kakao decided to establish an emergency management system with CEO Jung as the central figure, along with the co-chair of the CA Steering Committee. CEO Jung is currently serving as co-chair with Chairman Kim in the CA Steering Committee. Temporarily, CEO Jung will also act as interim chairman of corporate restructuring.’,
,
, ‘Furthermore, it was decided to hold group executive meetings once a week instead of monthly and to closely discuss and respond to key management issues. During the meeting, CEO Jung emphasized the need to proceed smoothly with the restructuring and co-prosperity projects being carried out by each affiliate, and mentioned that the development of artificial intelligence (AI) services currently in progress will continue without interruption to secure growth momentum.’,
,
, ‘Kakao stated that the CEOs of the affiliate companies who attended the meeting also gathered opinions to perform various tasks well without letting their guard down.’,
,
,
,
,
, ‘Previously, Judge Han Jeong-seok at Seoul Southern District Court issued an arrest warrant for Kim Beom-soo, who is suspected of violating the Capital Markets Act, citing concerns about evidence tampering and flight risks.’,
,
, ‘According to the prosecution, Kim is accused of manipulating the stock price higher than 120,000 won, the public offering price of Hive, to interfere with the acquisition process of SM Entertainment by Hive in February last year.’,
,
, ‘It is known that the prosecution is focusing on whether Kim directly instructed or approved the price manipulation. The prosecution believes that Kim, as the highest decision-maker of the group, received prior notice and approval of the price manipulation plan.’,
,