Coway Nominates Jangwon Seo as New co-CEO

    Coway nominates a new co-CEO Jangwon Seo, an expert in strategic planning and global operation, with the aim to bring innovation and empower global capacity for Coway's future business under the co-CEO structure

    SEOUL, South Korea, Jan. 6, 2021 /PRNewswire/ -- Coway Co., Ltd., a leading environmental home appliances company, today announced the nomination of Jangwon Seo, Coway's current CFO, as a new co-CEO during its annual senior executive reshuffle.

    Jangwon Seo, a New Co-CEO of Coway
    Jangwon Seo, a New Co-CEO of Coway

    With the reshuffle, Coway will convert to a co-CEO structure led by two co-CEOs, Hae-Sun Lee and Jangwon Seo, subject to Jangwon Seo's formal appointment as a co-CEO at a board meeting in February.

    The co-CEO nominee, Jangwon Seo, was a senior U.S. attorney at Shin & Kim, a major law firm in Korea. Thereafter, Seo served as Chief Investment Officer and Chief Communications Officer at Netmarble Corp. and as the representative of Netmarble Cultural Foundation, and currently serves as CFO at Coway. Seo holds a Bachelor's Degree in economics from Westminster College and a J.D. Degree from the University of Connecticut School of Law. Seo's global experience in the strategic planning field is well recognized at Coway.

    "We expect the new co-CEO Jangwon Seo to strengthen the company's core competency in strategic planning and global competitiveness in addition to the stable business management of current CEO Hae-Sun Lee," said an official from Coway. "Coway will push forward to overcome the internal and external challenges under COVID-19, to enhance synergy with Netmarble Corp., and to lay the foundation for Coway's successful expansion to the global market."

    Meanwhile, Coway is expanding its environmental home appliances business to global markets including the United States, Malaysia, Thailand, Indonesia, and Vietnam.

    About Coway Co., Ltd.

    Established in Korea in 1989, Coway is a leading environmental home appliances company making people's lives healthy and comfortable with innovative home appliances such as water purifiers, air purifiers, and bidet. Since our founding, Coway has become a leader in the environmental home appliances industry with intensive research, engineering, development, and customer services. We have proven our dedication to innovation with award-winning products, home health expertise, unrivaled competitiveness in market share, exceeding customer satisfaction, and brand recognition. We keep innovating by diversifying product lines and by accelerating overseas business in Malaysia, the U.S., Thailand, and China, based on business success in Korea. For more, please visit


    Caishen.Co - Primary Data for China Secondary Investment and Stock Markets
    PR Newswire is the premier global provider of news release distribution and multimedia platforms that enable marketers, corporate communicators, sustainability officers, public affairs and investor relations officers to leverage content to engage with all their key audiences. Having pioneered the commercial news distribution industry since 1954, PR Newswire today provides end-to-end solutions to produce, optimize and target content – from rich media to online video to multimedia – and then distribute content and measure results across traditional, digital, mobile and social channels. Combining the world's largest multi-channel distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organizations around the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and the Asia-Pacific region, and is a Cision company.