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Webtoon Entertainment appoints Kim Yong-soo as president, overhauls leadership structure

Webtoon Entertainment is overhauling its leadership structure to support growth and speed up innovation in global markets. The company said it appointed Chief Strategy Officer Kim Yong-soo as president and an inside director. It said Kim played a key role in strengthening financial soundness and a successful IPO and led major changes to drive growth in its U.S. business. CEO Kim Jun-koo will focus on fundamentals and long-term direction.