Games & Commerce
Naver, Kakao set March shareholder meetings focused on board reshuffle and AI formalisation
Naver and Kakao will hold regular shareholder meetings on March 23 and 26 to reshuffle their boards and formalise artificial intelligence businesses. Naver plans to appoint CFO Kim Hee-cheol as an inside director, revise bylaws to add shareholders to directors’ duty of loyalty and raise the directors’ pay cap. Kakao is expected to confirm CEO Jeong Shin-a for a second term, cut board size and add AI-related business purposes to its charter.
