KT appoints Park Yoon-young as new CEO to steer AI-driven growth strategy

## Summary
SEOUL, March 31 (Yonhap) -- KT Corp., a major telecom operator in South Korea, on Tuesday appointed Park Yoon-young as its new chief executive officer (CEO), as the company seeks to stabilize its operations following a large-scale data breach and drive new growth. The company said its shareholders approved the appointment of Park, former president for enterprise business at KT, as its new leader, replacing former CEO Kim Young-shub. Park is expected to carry out an executive reshuffle and organizational overhaul, while pursuing new growth strategies focused on artificial intelligence (AI). This photo provided by KT Corp. shows its new CEO Park Yoon-young. (PHOTO NOT FOR SALE) (Yonhap) brk@yna.co.kr (END)

## Article Content
SEOUL, March 31 (Yonhap) -- KT Corp., a major telecom operator in South Korea, on Tuesday appointed Park Yoon-young as its new chief executive officer (CEO), as the company seeks to stabilize its operations following a large-scale data breach and drive new growth.

The company said its shareholders approved the appointment of Park, former president for enterprise business at KT, as its new leader, replacing former CEO Kim Young-shub.

Park is a longtime company veteran who has worked at KT for more than 30 years since joining in 1992.

He has expertise in the business-to-business sector, with deep institutional knowledge and an extensive internal network built over years of service.

Park is expected to carry out an executive reshuffle and organizational overhaul, while pursuing new growth strategies focused on artificial intelligence (AI).

KT reported a major data breach in September that led to a series of unauthorized micropayments and a consequent decline in subscribers.



This photo provided by KT Corp. shows its new CEO Park Yoon-young. (PHOTO NOT FOR SALE) (Yonhap)

brk@yna.co.kr

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### Expert Commentary
This article covers park, young, ceo topics. Readability: Flesch-Kincaid grade 0.0. Word count: 173.