SEOUL, Jan. 10 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s top mobile messenger KakaoTalk, said Monday its nominee for a new co-CEO, Ryu Young-joon, has offered to resign over controversial stock selloffs. Ryu, who has served as the chief of Kakao’s payment arm, Kakao Pay, was named to lead the tech giant [...]
SEOUL, Dec. 10 (Korea Bizwire) — Samsung Electronics Co.’s new Vice Chairman and CEO Han Jong-hee will deliver a keynote speech at the upcoming Consumer Electronics Show in Las Vegas next month, the company said Friday, presenting the direction of technological development going forward. Earlier this week, Han was promoted to lead the new SET [...]
SEOUL, Dec. 9 (Korea Bizwire) — LG Chem Ltd. will bolster investment in North and South America, and Europe, to boost its presence in foreign markets, the company’s top executive has said, citing ample opportunities for growth in the global trend toward sustainability. LG Chem CEO Shin Hak-cheol made the remarks in a recent interview [...]
HONG KONG SAR, Nov. 4 (Korea Bizwire) – Overconfidence, or the tendency to underestimate risk and overestimate returns, is often cited as a leading factor behind some of the biggest corporate failures in history, from the Enron scandal at the turn of the millennium, to the spectacular collapses of investment banks Bear Sterns and Lehman Brothers [...]
SEOUL, Nov. 1 (Korea Bizwire) — SK Telecom Co. on Monday named the former head of its mobile network operations division Ryu Young-sang as its new CEO following the launch of its non-telecom spinoff SK Square. Ryu has been working for SK Telecom since 2000 and is known for his expertise in mergers and acquisitions, [...]
SEOUL, Oct. 25 (Korea Bizwire) — LG Energy Solution Ltd. said Monday it has tapped Kwon Young-soo, vice chairman of LG Corp. as its new CEO, a move largely seen as a replacement in the wake of its battery recalls in General Motors Co.’s Bolt electric vehicles (EV). LG Energy said it named Kwon as [...]
PARIS, Oct. 22 (Korea Bizwire) — Laboratoires Majorelle, a fast-growing French specialty pharma company focused on prescription and OTC products in women’s health and urology, today announces the appointment of Alexandre de Germay as Chief Executive Officer. Alexandre de Germay has more than 25 years of experience in specialty pharma, achieving significant growth and scaling [...]
PHOENIX, Sept. 8 (Korea Bizwire) — The Board of Directors (“the Board”) for WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced that its Board of Directors has extended employment arrangements with Chief Executive Officer, Brad Soultz, and [...]
SOUTHBOROUGH, Mass., June 9 (Korea Bizwire) – Virtusa Corporation, a global provider of digital strategy, digital engineering and IT services and solutions that help clients change and disrupt markets through innovation engineering, today announced the appointment of Santosh Thomas as its new Chief Executive Officer (CEO). Virtusa’s Board of Directors appointed Santosh as successor to the [...]
CALGARY, Alberta, June 9 (Korea Bizwire) — The Management and Directors of Upper Canada Mining Inc (UCM), a private Canadian company in the business of mining, exploration and production, primarily in gold and silver, are pleased to announce the appointment of Mr. James Crawford as Chief Executive Officer of the company effective immediately. Mr. Crawford [...]