Park Dae-joon, CEO of South Korean online retail giant Coupang, has resigned three weeks after the company became aware of a massive data breach that affected approximately 34 million customers.
Coupang
CEO of South Korean online retail giant Coupang The company’s resignation comes three weeks after the company became aware of a massive data breach that affected approximately 34 million customers.
Coupang announced on Wednesday that CEO Park Dae-joon has resigned due to the data breach incident, which was disclosed on November 18, according to a Google translation of a statement in Korean.
President Park said, “I deeply apologize for disappointing the people due to the recent personal information incident,” and “I feel deeply responsible for the spread of infection and the subsequent recovery process, and have decided to step down from all positions.”
Following his resignation, parent company Coupang has appointed Chief Administrative Officer and General Counsel Harold Rogers as interim CEO.
Mr. Coupang said Mr. Rogers will focus on “reducing customer concerns about data breaches” and stabilizing the organization.
Park, who joined the company in 2012, became Coupang’s sole CEO in May after the company transitioned from a dual CEO structure.
According to Mr. Coupang, he was in charge of the company’s innovative new businesses and regional infrastructure development, and led projects to expand sales channels for small and medium-sized enterprises.
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