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By all means, Ahn Chul-soo, the founder and former CEO of AhnLab, seems not ready to come to the rescue of his troubled company.
By Kim Hyun-cheol
Staff Reporter
By all means, Ahn Chul-soo, the founder and former CEO of AhnLab, seems not ready to come to the rescue of his troubled company.
Staff Reporter
By all means, Ahn Chul-soo, the founder and former CEO of AhnLab, seems not ready to come to the rescue of his troubled company.
Ahnlab, one of Korea's first-generation IT startups, announced Tuesday an open search for a new CEO, something little heard-of for a private company. Vice president Kim Hong-sun will execute as proxy during the run-up.
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The decision came after its CEO Oh Seok-joo resigned from the post for personal reasons last week. The industry, however, sees it as a consequence of the company's poor recent performance.
Ahnlab struggled throughout last year as rivals made inroads to the market with freeware vaccines like Alyak of Eastsoft and PC Green by Naver.
Its operation and net profits fell from last year 12.5 percent and 23.4 percent respectively.
Last month's e