[Asia Economy Reporter Bu Aeri] Choi In-hyuk, Chief Operating Officer (COO) of Naver, recently expressed his intention to resign on the 25th, taking moral responsibility related to the extreme choice made by employee A.
The Naver Risk Management Committee disclosed the investigation results on the same day, stating, "There were instances of workplace harassment by some executives, and it was confirmed that leaders failed to fulfill their responsibility in fostering a healthy organizational culture," adding, "Disciplinary decisions have been made for the individuals involved."
Separately from the Risk Committee's decision, COO Choi submitted his resignation regarding his duties at Naver to the board of directors, which accepted it.
COO Choi is known as a close associate of Lee Hae-jin, Global Investment Officer (GIO). However, Choi will retain his position as CEO of Naver Financial.
Naver's management plans to form a practical task force (TF) to complete the establishment of a new organizational system and leadership by the end of the year. Byun Dae-gyu, chairman of Naver's board, stated, "I hope that the changes in management system prompted by this incident will become a valuable starting point for creating a new organizational culture."
Han Seong-sook, CEO of Naver, also sent an email to employees saying, "We will review and inspect the overall company culture," and added, "We will actively prepare and implement measures to prevent recurrence."
In addition to the Risk Management Committee's investigation, Naver plans to take proactive actions if additional issues arise through ongoing police investigations and special labor inspections.
Meanwhile, employee A was found dead near their residence close to Naver's headquarters in Bundang-gu, Seongnam City, on the 25th of last month. A note presumed to have been left by A was found at the scene, reportedly describing the stress experienced from work.
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