Job News

Lineage 2 developer Netmarble names new CEO

Lineage 2 developer Netmarble names new CEO

South Korean-based developer Netmarble has appointed Park Sean as its new CEO.

Sean joins from South Korean-based mobile messaging service KakaoTalk where he held the role of chief strategy officer.

Yohap News Agency reports that Park will co-head Netmarble operations with incumbent chief Kwon Young-sig. The former will handle the company’s strategy and investment while the latter will spearhead the mobile giant’s games business.

Kakao and Netmarble already have close ties after the former’s games subsidiary raised $131.6 million recently. The Investor reports the funding round was led by Netmarble and Tencent who contributed $46.9 million each.

The rest of the investment was provided by developers Actozsoft and Bluepoint, along with Premier Growth-M&A PEF.

Simply marble-llous

Netmarble recently revealed that its sales for 2017 reached a record high of $2.2 billion spurred on by the huge success of games like Lineage 2 Revolution.

It’s good news for one of South Korea’s biggest games companies, particularly following the launch of its initial public offering just under a year ago which valued the company at $12 billion at the time.

Staff Writer

Iain is a freelance writer based in Scotland with a penchant for indies and all things Nintendo. Alongside PocketGamer.Biz, he has also appeared in Kotaku, Rock Paper Shotgun, PCGamesN and VG24/7.


No comments
View options
  • Order by latest to oldest
  • Order by oldest to latest
  • Show all replies