Netmarble announced on the 7th that it decided to transition from a co-representative system to a sole representative system led by Kim Byung-kyu through a board resolution. This decision aims to respond more proactively to the rapidly changing external environment and strengthen its global competitiveness.
CEO Kwon Young-sik will continue to participate as a key decision-maker in the "Management Strategy Committee" that Netmarble established earlier this year, focusing on formulating game business strategies and enhancing synergies among Netmarble companies. He will also maintain his current position as CEO of Netmarble Neo.
Netmarble overcame two years of losses last year and achieved a turnaround this year, and it is expected to further strengthen its competitiveness in the global market with the success of various new games.
Meanwhile, Netmarble plans to hold its regular shareholders' meeting on March 31, where it will resolve six agenda items, including the approval of financial statements, changes to the articles of incorporation, and the appointment of new directors. Dogi-wook, CFO, has been recommended to fill the vacancy left by CEO Kwon Young-sik's resignation.