K Wave Media names Joongjae Lee chairman, appoints Richard Kim co-CEO alongside Ted Kim
Reuters2026/08/10 11:45Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- K Wave Media named Joongjae Lee chairman, adding him to the board, as it pushes an AI infrastructure and semiconductor acquisition strategy.
- Lee is CEO of Rabbit Walk, an AI-driven real-time visual content producer in which the company bought a majority stake in 2026.
- Richard Kim joined the board as co-CEO, alongside Ted Kim, to drive operations, corporate strategy, deal execution, integration.
- Richard Kim brings 30 years in corporate finance and cross-border M&A, including semiconductor-related deals, at KOSPI- and KOSDAQ-listed companies.
- The leadership changes take effect immediately, with due diligence under way on multiple AI infrastructure, semiconductor components, advanced manufacturing targets.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. K Wave Media Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608100745PRIMZONEFULLFEED9806751) on August 10, 2026, and is solely responsible for the information contained therein.
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