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Webtoon Names Yongsoo Kim President, Appoints Him to Board

The restructuring positions him to accelerate execution to reignite global growth.

Overview

  • Senior leadership will report to Yongsoo Kim, who reports to founder and CEO Junkoo Kim, with CFO and COO David Lee remaining in his current role.
  • Kim’s mandate covers companywide operations and execution, including oversight of Webtoon Productions’ film and TV pipeline.
  • Company accounts credit Kim with helping lead the 2024 Nasdaq IPO and forging key deals such as a Disney collaboration and a Warner Bros. Animation co-production.
  • Webtoon cites approximately 160 million monthly active users and recent platform moves including Video Episodes and expanded creator programs.
  • For 2025, Webtoon reported $1.38 billion in revenue, up 2.5%, and a $373.4 million net loss largely tied to goodwill impairments from prior acquisitions.