WEBTOON Entertainment Appoints Noom Co-Founder to Board

By Hao Liu • Friday, June 20 06:02 • Permanent Link

WEBTOON Entertainment (Nasdaq: WBTN) has recently appointed Saeju Jeong, Co-Founder and Executive Chairman of Noom, to its Board of Directors effective June 16th, 2025. Mr. Jeong brings nearly two decades of leadership experience scaling mission-driven consumer technology businesses. As co-founder and former CEO of Noom, he grew the company to unicorn status, raising over $650 million in capital, and helped millions of users worldwide improve their health through behavior change.

WEBTOON Entertainment, a leading global entertainment company and home to some of the world's largest storytelling platforms, is thrilled to welcome Mr. Jeong to its board. The CEO & Chairman of the Board, Junkoo Kim, expressed his excitement, highlighting Mr. Jeong's visionary entrepreneurship and leadership that innovates for positive change. Mr. Jeong, in turn, expressed his excitement in joining the WEBTOON Entertainment Board, emphasizing the company's mission to inspire the world with incredible storytelling and entertainment.

The company's press release also mentions that WEBTOON Entertainment has approximately 150 million monthly active users, and its IP & Creator Ecosystem includes aligned brands and platforms such as WEBTOON, Wattpad, Wattpad WEBTOON Studios, Studio N, Studio LICO, WEBTOON Unscrolled, LINE MANGA, and eBookJapan, among others.

It's important to note how Mr. Jeong's appointment aligns with the company's mission to grow and innovate, especially as it continues to transform the global entertainment industry and empower a new generation of creators worldwide. Following these announcements, the company's shares moved -0.36%, and are now trading at a price of $8.37. If you want to know more, read the company's complete 8-K report here.

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