Jang Hyun-guk, who left Wemade and was appointed CEO of Nexon (formerly Action Square), received a total of 10.7 billion KRW in salary and stock option exercise gains last year from Wemade.
On the 20th, Wemade disclosed in its business report that former Vice Chairman Jang Hyun-guk received a total compensation of 10.718 billion KRW, including a salary of 1 billion KRW and stock option exercise gains of 9.716 billion KRW.
Jang had served as the CEO of Wemade since 2014, but stepped down from the CEO position last March when Park Kwan-ho, the founder and major shareholder, was appointed as Chairman and CEO.
Afterwards, Jang served as Vice Chairman of Wemade before leaving the company at the end of the same year and taking office as CEO of Nexon earlier this year.
Song Mo-heon, former President who left Wemade last year, followed Jang by receiving a total compensation of 5.044 billion KRW, including a salary of 750 million KRW and stock option exercise gains of 4.292 billion KRW.
Park Kwan-ho received 1.6 billion KRW in salary.
Wemade explained, "The decision was made by comprehensively considering the position as Chairman of the Board, leadership, expertise, contribution to the company, and the level of similar companies."
According to the business report, Wemade has a total of 528 employees including non-registered executives, with an average salary per person of 110 million KRW.
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