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Hyunguk Jang, representative of Wemade. (Photo= YouTube capture) |
[Alpha Biz= Reporter Kim Minyoung] Jang Hyun-guk, who served as the CEO of Wemade until earlier this year, has sold off his entire stake in the company.
On the 22nd, Wemade announced that Jang sold his entire stake of 363,354 shares (1.08% ownership) on the open market between the 17th and 18th. The sale amounted to approximately 15.477 billion KRW.
Jang had been serving as the CEO of Wemade since 2014. However, in March of this year, he stepped down from his position when founder and major shareholder Park Kwan-ho was appointed as the new CEO.
A Wemade spokesperson stated that Jang's sale of shares was a simple divestiture and did not indicate any changes to his position within the company.
Alphabiz Kim Minyoung (kimmy@alphabiz.co.kr)
