Corporate Governance
Company Overview
| Company Name | Webzen Inc. |
|---|---|
| Date of Establishment | April 2000 |
| Listing Date | KOSDAQ : May 2003 |
| CEO | Kim, Tae Young |
| Primary Business | Online & Mobile Game |
| Paid-in Capital | KRW 17,655,442,000 |
|---|---|
| Closing Date | December |
| Total Assets |
KRW 646,867,401,981 (As of December 31 2022) |
| Head Office | 242, Pangyo-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea |
| Contact Number | 031-627-6600 |
Articles of incorporation(As of Mar-19, 2021)
Shareholding Structure
(As of March 31 2023)
Major Shareholder and Related Parties
27.00%
FunGame International Limited
20.45%
Treasury Stock
15.69%
Others
36.86%
| Share | Rate |
|---|---|
| Major Shareholder and Related Parties | 27.00% |
| FunGame International Limited | 20.45% |
| Treasury Stock | 15.69% |
| Others | 36.86% |
| Total | 100.00% |
Details about the shareholders
(As of March 31 2023)
Details of Stock Issued (A Par Value: 500won)(Unit: million KRW)
| Types of Stock | Number of Shares Issued | Total Par Value | Remarks |
|---|---|---|---|
| Common | 34,950,884 | 17,655,442,000 | - |
| Preferred | - | - | - |
| Total | 34,950,884 | 17,655,442,000 | - |
| Number of Shares Issued | 35,310,884 |
|---|---|
| Total Par Value | 17,655,442,000 |
| Remarks | - |
| Number of Shares Issued | - |
|---|---|
| Total Par Value | - |
| Remarks | - |
| Number of Shares Issued | 35,310,884 |
|---|---|
| Total Par Value | 17,655,442,000 |
| Remarks | - |
Details of Treasury Stock(Unit: shares)
| Types of Stock | Number of Shares | Holding Ratio |
|---|---|---|
| Common | 5,484,069 | 15.69% |
| Preferred | - | - |
| Total | 5,484,069 | 15.69% |
Board of Directors
Board of Directors (As of March 31 2023)
| Name | Position | Election Date | Term | Authority | Remarks |
|---|---|---|---|---|---|
| Kim, Tae Young | CEO | March 19 2021 | 3 years | Business Management | Inside Directors |
| Kim, Nan Hui | Director | March 31 2023 | 3 years | General Direction | Inside Directors |
| Yeoun, Bo Hum | Director | March 31 2023 | 3 years | Technical Direction | Inside Directors |
| Sang, Mi Jung | Director | March 25 2022 | 3 years | Auditing | Outside Directors (Members of Audit Committee) |
| Kim, Won | Director | March 25 2022 | 3 years | Auditing | Outside Directors (Members of Audit Committee) |
| Kwon, Jin Hong | Director | March 25 2022 | 3 years | Auditing | Outside Directors (Members of Audit Committee) |
| Position | CEO |
|---|---|
| Election Date | March 19 2021 |
| Term | 3 years |
| Authority | Business Management |
| Remarks | Inside Directors |
| Position | Director |
|---|---|
| Election Date | March 31 2023 |
| Term | 3 years |
| Authority | General Direction |
| Remarks | Inside Directors |
| Position | Director |
|---|---|
| Election Date | March 31 2023 |
| Term | 3 years |
| Authority | Technical Direction |
| Remarks | Inside Directors |
| Position | Director |
|---|---|
| Election Date | March 25 2022 |
| Term | 3 years |
| Authority | Auditing |
| Remarks | Outside Directors (Members of Audit Committee) |
| Position | Director |
|---|---|
| Election Date | March 25 2022 |
| Term | 3 years |
| Authority | Auditing |
| Remarks | Outside Directors (Members of Audit Committee) |
| Position | Director |
|---|---|
| Election Date | March 25 2022 |
| Term | 3 years |
| Authority | Auditing |
| Remarks | Outside Directors (Members of Audit Committee) |
Inside Directors
| Name | Position | Authority |
|---|---|---|
| Kim, Tae Young | CEO | CEO (Representative Director) |
| Kim, Nan Hui | Director | Business Administration Dep. Director of Webzen. Inc. |
| Yeoun, Bo Hum | Director | The Technical Committee Chairman of Webzen. Inc. |
| Position | CEO |
|---|---|
| Authority | CEO (Representative Director) |
| Position | Director |
|---|---|
| Authority | Business Administration Dep. Director of Webzen. Inc. |
| Position | Director |
|---|---|
| Authority | The Technical Committee Chairman of Webzen. Inc. |
Outside Directors
| Name | Position | Authority |
|---|---|---|
| Sang, Mi Jung | Director | CTA, C&T tax accounting office |
| Kim, Won | Director | Lawyer, Han Yang (Law Firm) |
| Kwon, Jin Hong | Director | Lawyer, Lee&Ko (Law Firm) |
| Position | Director |
|---|---|
| Authority | CTA, C&T tax accounting office |
| Position | Director |
|---|---|
| Authority | Lawyer, Han Yang (Law Firm) |
| Position | Director |
|---|---|
| Authority | Lawyer, Lee&Ko (Law Firm) |
Independent Auditors
| Name | Date of appointment(Terms of Contract) | Latest auditing result |
|---|---|---|
| PWC Samil | 2022(3 Years) | Unqualified |
| Date of appointment(Terms of Contract) | 2022(3 Years) |
|---|---|
| Latest auditing result | Unqualified |
