Major South Korean game companies reshuffled top management and key organisations in the first half of this year, moving in different ways but with similar aims. The changes seek to reduce reliance on a mobile massively multiplayer online role-playing game growth formula and shift business structures toward global markets, PC and console games, and in-house intellectual property. Nexon and Neowiz put development and global capabilities forward, Krafton reshaped publishing leadership, and Kakao Games and Wemade moved amid governance changes.

KakaoGames has launched a co-CEO management structure as it accelerates a shift to a Line Yahoo-led setup following a change in its top shareholder. Shareholders approved the appointment of Kim Tae-hwan and Lee Si-woo as inside directors, and the board later named them co-CEOs. The company said 300 billion won in new funds flowed in through a share sale and convertible bonds. Key tasks include detailing Line Yahoo synergies and delivering results from new game launches in the second half.