Junkoo Kim is no longer Naver Webtoon CEO. He stepped down from that role on October 1, 2026, keeping his positions as chairman and CEO of WEBTOON Entertainment, the global parent company.
Junkoo Kim ran Naver Webtoon through a second quarter in which WEBTOON Entertainment reported an operating loss of US$15.6 million, wider than the US$8.8 million loss a year earlier. Revenue fell 2.8% to US$338.5 million, a decline the company attributed to the weak Korean won and Japanese yen. On a currency-adjusted basis revenue grew 5.2%, with Korea up 16% and Japan, the company's largest market, down 15.6%. That split between the home market and the largest overseas market is the backdrop to the leadership change that followed two months later.
On October 1, Naver Webtoon named President Yongsoo Kim and Chief Administrative Officer Gyu-nam Kim as co-CEOs. Yongsoo Kim keeps the WEBTOON Entertainment presidency while overseeing Naver Webtoon operations; Gyu-nam Kim holds both the CAO post and the co-CEO role. The company said the structure is meant to strengthen local management and improve coordination with its global operations.
Kim's exit from the Naver Webtoon CEO job leaves him focused on WEBTOON Entertainment, where he is chairman and CEO. The two co-CEOs bring different backgrounds to the Korean business, one on creator policy and anti-piracy, one on operations and partnerships. The appointment marks the end of his direct operational control over the Korean subsidiary.
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WEBTOON Entertainment's Korean subsidiary Naver Webtoon appointed President Yongsoo Kim and Chief Administrative Officer Gyu-nam Kim as co-CEOs on October 1. Yongsoo Kim keeps the WEBTOON Entertainment presidency while overseeing Naver Webtoon operations; Gyu-nam Kim holds both the CAO post and the co-CEO role. Founder Junkoo Kim steps down as Naver Webtoon CEO to focus on his chairman and CEO roles at WEBTOON Entertainment.
WEBTOON Entertainment reported an operating loss of US$15.6 million for the second quarter of 2026, widening from US$8.8 million a year earlier. Revenue fell 2.8% to US$338.5 million, a decline the company blamed on the weak Korean won and Japanese yen. Currency-adjusted revenue would have grown 5.2%, with Korea up 16% and Japan down 15.6%.