Jeong Gyu-don, former CTO of Kakao Bank, has been appointed as the new CTO of Kakao.

COMPANY / Reporter Kim Jisun / 2024-03-05 03:05:41
정규돈 카카오뱅크 전 CTO (사진= 카카오뱅크 제공)

 

[Alpha Biz=(Chicago) Reporter Kim Jisun] Jeong Gyu-don Kakao Bank Former CTO [Provided by Kakao Bank]

Jeong Gyu-don, former CTO of Kakao Bank, has been appointed as the new chief technology officer (CTO) of Kakao. CTO Chung is a controversial figure who exercised his stock option (stock option) right after his listing on Kakao Bank and earned 7 billion won in valuation profits.

According to the Kakao and IT industry on the 5th, Chung Shin-ah, CEO of Kakao, recently introduced Jung Kyu-don, former CTO of Kakao Bank, as the next CTO of Kakao at an online and offline meeting with executives and employees.

CTO nominee Chung has a master's degree in automation engineering at Inha University, served as head of the Daum Communication Technology Group and Kakao Platform Technology, and served as CTO of Kakao Bank from 2016 to February last year.

Jeong sold 106,000 shares (62,336 won per share) out of 117,234 shares held on Aug. 10, 2021, three trading days after Kakao Bank was listed, earning about 6.6 billion won in profit. Two weeks later, on the 24th of the same month, he sold all of his remaining 11,234 shares (91,636 won per share) and won about 1 billion won.

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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