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[Alpha Biz=(Chicago) Reporter Paul Lee] Cho Soo-yong and Yeo Min-soo, former co-CEOs of Kakao, received more than 30 billion won in compensation last year, respectively.
According to Kakao's 2022 business report on the 21st, the total remuneration of former CEO Cho Soo-yong amounts to 36.447 billion won.
Former CEO Cho's salary was 685 million won and bier was 1.3 billion won.
In particular, the profit from the stock option (stock option) reached 33.75 billion won. The severance pay is 707 million won.
Former CEO Cho made the profit by selling 150,000 stock options for 94,100 won, which was exercised at 17,070 won, and 300,000 stock options for 211.6 billion won for 94,100 won. Kakao's closing price on the previous day (March 20) is 61,000 won.
The total amount of remuneration for former representative Yeo Min-soo also amounts to 33.417 billion won. Former CEO Yeo's salary is KRW 456 million, bonuses are KRW 900 million, and stock option exercise profits are KRW 31.824 billion. The severance pay is 233 million won.
Former CEO Yeo also sold 125,000 stock options for 94,100 won and 300,000 stock options for 20,116 won at the same price.
Chung Eui-jung, former head of the technology division, also received 9.568 billion won. Salaries are 222 million won and bonuses are 300 million won, with stock option exercise profits exceeding 8.7 billion won.
Kim Joo-won, former head of the community consensus center, is 7.734 billion won, but stock option profits alone are 7.664 billion won. Former CPO (Chief Product Officer) Kim Taek-soo received 6.233 billion won, of which stock option profits exceeded 5.8 billion won.
The current Kakao CEO Hong Eun-taek's total salary was 2.975 billion won. Salaries were 701 million won and bonuses were 1.997 billion won. Profits from stock options were only 277 million won.
Founder Kim Bum-soo, former chairman of the board of directors, received 626 million won. The salary was KRW 125 million and the bonus was KRW 500 million.
The remuneration of former CEO Namgoong Hoon, who retired late last year to take responsibility for the KakaoTalk service failure, was not disclosed in the report.
The number of Kakao employees is 3901, and the average annual salary per person was 139 million won.
AlphaBIZ 폴리(hoondork1977@alphabiz.co.kr)
