Dunamu CEO Lee Seok-woo is expected to be reappointed...finally confirmed at next month's general meeting of shareholders

Reporter Paul Lee / approved : 2023-11-23 05:01:03
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[Alpha Biz=(Chicago) Reporter Paul Lee] According to Dunamu on the 23rd, the board of directors of Dunamu recently voted for Lee's second term. Dunamu is scheduled to make a final decision on whether to reappoint Lee at an extraordinary shareholders' meeting on the 5th.

Lee was re-elected in 2020 after serving as CEO in late 2017. If Lee succeeds in serving another term, he will continue his term until 2026.

Lee has been recognized for his management skills while serving as head of NHN's US corporation and co-representative of Kakao and Daum Kakao. He has been the head of the virtual asset industry for six years and has become an expert in the industry.

Currently, he is the chairman of the Digital Asset Exchange Council (DAXA), which consists of the five largest won-market virtual asset exchanges (Upbit, Bithumb, Coinone, Korbit, Gofax).

The board of directors of Dunamu seems to have decided to reappoint Lee with the stagnant business situation in mind. Bitcoin prices have risen steadily this year, but Dunamu's performance has worsened due to low trading volume.

As of the second quarter, Dunamu's net profit was 100.8 billion won, turning into a surplus from a net loss of 37.8 billion won in the second quarter of last year. However, sales were 186.6 billion won, down 47.9% from 358.1 billion won a year ago, and operating profit was 86.6 billion won, down 68.9% from 278.1 billion won in the second quarter of last year.

Dunamu said, "Lee's second term will be decided at the shareholders' meeting."

 

Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)

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