Wife of late Nexon founder takes over as new CEO
James Batchelor
Editor-in-Chief
Friday 6th May 2022
Nexon
Nexon has a new head, following the death of its founder and former CEO earlier this year.
Yoo Jung-Hyun was appointed as chief executive of Nexon's parent company NXC on April 27, according to South Korea publication Financial News.
Jung-Hyun was wife of founder Kim Jung-Ju, who passed away in February. She is also an auditor and investor in NXC, and stands as the company's biggest individual investor.
Her shares, combined with those of their children, accounts for 30.79% ownership of the major Korean publisher.
According to her profile on Forbes, Jung-Hyun joined NXC in 1995, one year after Jung-Ju first formed Nexon, and has served as statutory auditor for the last 12 years.
At the time of writing, her net worth is $2.8 billion.
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