Coupang CEO Steps Down Amidst South Korea’s Largest Data Breach Scandal: Security Measures Revamped

Core Insights - Coupang Corp's CEO, Park Dae-jun, resigned following a significant data breach that exposed personal information of approximately 33.7 million customers [1][7] - The company has pledged to enhance security measures and restore customer trust in the wake of the incident [3][9] Leadership Changes - Park Dae-jun had been with Coupang Corp since 2012 and became the sole CEO in May 2023 [2] - Harold Rogers, the chief administrative officer of Coupang Inc., has been appointed as the interim CEO for the Korean branch following Park's resignation [4][8] Company Response - Coupang Corp issued an apology for the data breach and expressed deep regret for the anxiety caused to customers [3] - The company is focusing on resolving the data breach issue and restoring stability under the new interim CEO [6][9] Government Investigation - The South Korean government, led by Prime Minister Kim Min-seok, announced an investigation into possible legal violations by the company [5]