Nexon Taps Korea Unit’s Chief to Succeed Departing CEO

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.

Mahoney would continue to serve as representative director and CEO until Nexon’s annual meeting, at which time he would stand for re-election to the board, the company said.