Nexon Chief Executive Owen Mahoney plans to step down in March and is expected to be succeeded by Junghun Lee, the head of Nexon Korea, the video-game…
By Dean Seal Nexon Chief Executive Owen Mahoney plans to step down in March and is expected to be succeeded by Junghun Lee, the head of Nexon Korea, the video-game publisher said Thursday. .
Nexon has come out on top in second quarter earnings among major Korean game developers, becoming the only company to post on-year growth in both sales and operating profits during the period. Nexon on Wednesday reported 902.8 billion won ($685.3 million) in sales and 264 billion won in operating profit in the April-to-June period, up 12 percent and 22 percent on year, respectively. The game maker thrived in the seco.