WEBTOON Entertainment Inc. appointed Yongsoo Kim as President and director effective March 2, 2026, while increasing the Board size from eight to nine directors. Junkoo Kim continues as CEO and Chairman, with Yongsoo Kim's compensation terms to be disclosed in a future amendment.
Key takeaways
Board appointed Yongsoo Kim as President effective March 2, 2026
Board increased size from 8 to 9 directors and appointed Yongsoo Kim to fill vacancy as Class I director with term expiring at 2028 annual meeting
Yongsoo Kim previously served as Chief Strategy Officer since December 2023 and Head of Global WEBTOON since August 2024
Junkoo Kim remains CEO and Chairman of the Board
Compensation terms for Yongsoo Kim as President not yet determined
Press release issued March 5, 2026 announcing the appointments (Exhibit 99.1)