Krafton CEO Kim Chang-han. [Photo: Krafton]

Pay disclosures for executives at major listed South Korean game companies were released last year. Krafton CEO Kim Chang-han (김창한) posted the highest level at just over 8 billion won, followed by NCSoft CEO Kim Taek-jin (김택진) on 5.3 billion won.

A compilation of business reports from major game companies on March 19 showed Kim received total compensation of 8.04 billion won last year, including a salary of 568 million won and a bonus of 7.46 billion won. It was the highest level among executives at major listed game companies in South Korea.

Jang Tae-seok (장태석), a division head at Krafton who oversees the 'PUBG: Battlegrounds' series, also received total compensation of 6.16 billion won, including a salary of 842 million won and a bonus of 5.30 billion won. The result reflects performance incentives after the PUBG series set new record highs in access metrics and sales last year, extending a streak from the previous year.

Other recipients included CFO Bae Dong-geun (배동근) with 4.63 billion won, PUBG PC and console development head Kim Sang-kyun (김상균) with 3.08 billion won, and director Kim Tae-hyun (김태현) with 2.69 billion won. Chairman Jang Byung-gyu (장병규) received 518 million won.

Krafton’s average salary per employee was 129 million won, the highest among major game companies.

NCSoft CEO Kim received total compensation of 5.30 billion won, including a salary of 2.56 billion won and a bonus of 2.71 billion won. Lee Seong-gu (이성구), a senior executive vice president overseeing the 'Lineage' intellectual property, received 2.52 billion won, and co-CEO Park Byung-moo (박병무) received 2.00 billion won. Chief operating officer Koo Hyun-beom (구현범) received 1.43 billion won. NCSoft’s average salary per employee was 117 million won.

Netmarble Chairman Bang Jun-hyuk (방준혁) received 2.07 billion won, while Kwon Young-sik (권영식), who serves as CEO of its subsidiary Netmarble Neo, received 1.94 billion won. It is seen as reflecting performance incentives tied to Netmarble Neo’s releases last year, including 'Vampir' and 'Solo Leveling: Arise Overdrive'. Netmarble CEO Kim Byung-kyu (김병규) received 507 million won.

Shift Up’s chief strategy officer Min Kyung-rip (민경립) received the most at 2.93 billion won. Chief design officer Yoo Hyung-seok (유형석), who oversaw development of 'Goddess of Victory: Nikke', received 752 million won, more than CEO Kim Hyung-tae (김형태), who received 533 million won.

Kakao Games’ former CEO Cho Gye-hyun (조계현) received 721 million won under an advisory appointment contract, and current CEO Han Sang-woo (한상우) received 580 million won.

Keyword

#Krafton #NCSoft #Netmarble #Shift Up #Kakao Games
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