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News Corp Australia Executive Myles Lagolago-Craig Joins Global Web Development Agency XWP as CEO

MELBOURNE, Australia, March 29 (Korea Bizwire) — XWP, a global web development provider, announces the appointment of Myles Lagolago-Craig as its new global chief executive. Lagolago-Craig will guide Melbourne-headquartered XWP in its mission to tackle the biggest technological challenges in digital publishing, onboard digital and engineering talent from around the globe, and enable the business’ [...]

Number of CEO-level Executives Up as Economic Growth Slows

SEOUL, March 17 (Korea Bizwire) — Among the CEOs of South Korean family-controlled conglomerates, the share of owner family members has declined sharply while that of professional managers is increasing, a corporate tracker said Wednesday. According to a survey conducted by CEO Score of 411 out of the nation’s top 500 companies by sales in [...]

Prevasio Announces Oscar Marquez as New CEO

MENLO PARK, Calif., March 15 (Korea Bizwire) — Prevasio, Inc., a startup providing next-generation tools to democratize Cloud Security Posture Management, announces that Oscar Marquez will be joining the company as CEO. In his new role, Oscar will be spearheading the expansion of Prevasio globally. “With the massive development we’ve experienced recently, building out [...]

Neology Expands Leadership Team with Industry Veteran Bradley H. Feldmann as Chairman and CEO

SAN DIEGO, Feb. 24 (Korea Bizwire) – Neology, a global innovator that is re-imagining mobility for smart cities and safer communities, today announced that Bradley H. Feldmann has been appointed Chairman and CEO. Founder Francisco Martinez de Velasco will continue to serve as President. Feldmann is a well-known leader across the transportation, defense, and security industries, [...]

Kakao’s Chief Nominee Vows to Restore Stock Price

SEOUL, Feb. 24 (Korea Bizwire) — The nominee for new CEO of Kakao Corp., the operator of South Korea’s top mobile messenger KakaoTalk, vowed on Thursday to boost the company’s stock price back to over 150,000 won (US$125) within his term following a sharp plunge amid a series of mishaps. Namkoong Whon was named to [...]

Revenue Solutions, Inc. Appoints John Skinner as CEO

Pembroke, Massachusetts, USA, Feb. 10 (Korea Bizwire) — Revenue Solutions, Inc. (RSI), a leader in COTS software solutions, announced today that John Skinner has been promoted from Chief Technology Officer to the position of Chief Executive Officer of the company. “Our mission at RSI will be to deliver the most transformative, native cloud SaaS technology [...]

Kakao’s New Co-CEO Nominee Resigns over Stock Selloffs

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 [...]

New Samsung Electronics CEO to Deliver Keynote Address at CES 2022

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 [...]

Americas, Europe in Focus for LG Chem’s Foreign Market Expansion: CEO

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 [...]

CUHK Business School Research Reveals Companies with Exceptionally Confident CEOs Performed Better in the Stock Market During the Pandemic

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 [...]