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KT appoints new CEO to stabilize operations after data breach, steer AI-driven growth

Published: 31 Mar. 2026, 14:17 Updated: 31 Mar. 2026, 14:55

Park Yoon-young, the newly appointed CEO of KT, is seen during an event in Seoul on Dec. 16, 2025. [NEWS1]

KT, a major telecom operator in Korea, appointed Park Yoon-young as its new CEO on Tuesday 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, the 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 AI.

KT reported a major data breach in September 2025 that led to a series of unauthorized micropayments and a consequent decline in subscribers.

Yonhap