SEOUL: South Korean eCommerce giant Coupang says that chief executive officer (CEO) Park Dae-jun has resigned in the wake of a major data breach that compromised the personal information of millions of users.
In a company statement, Coupang said Park “deeply regrets the disappointment caused by the recent incident” and takes full responsibility for both the breach and the company’s handling of it.
“Recognising my responsibility for both the breach and the company’s response, I have made the decision to resign from all positions,” Park said.
His resignation comes less than two weeks after Coupang confirmed on Nov 29 that the personal data of customers had been leaked.
The disclosure sparked public outrage and triggered increased regulatory scrutiny.
Coupang Inc, the US-based parent company, appointed its chief administrative officer and general counsel Harold Rogers as interim CEO.
Furthermore, Rogers will lead the company’s crisis response, oversee internal stabilisation efforts and focus on restoring customer trust. — The Korea Herald/ANN
