Kakao Corp. announced that it will appoint Min-Soo Yeo, the current Executive Vice President of Advertising, and Su-Yong Joh, the current head of Kakao Brand Center as co-CEOs. Through the new co-CEO structure, Kakao expects to further strengthen Kakao Talk and other key platforms while maximizing synergy with subsidiaries and partners. Under current CEO Ji-Hoon Rim, Kakao was successful in restructuring the company's business profile and establishing solid profit streams. To allow Kakao to lay the foundation for its next stage of growth with ne leadership, Rim made the decision to step down once his term ends in March.