SEOUL -- Namkoong Whon, one of South Korean internet giant Kakao's two CEOs, resigned on Wednesday as the company faced harsh criticism from the government and the public over the handling of a fire at a data center over the weekend that caused a massive service outage and led investors to dump shares.
Telecommunication
Kakao CEO Namkoong resigns in aftermath of service outage
Company's perceived bungling after data center fire drew public, government ire
South Korean internet giant Kakao said on Oct. 19 that Namkoong Whon, one of its two CEOs, has stepped down. (Source photos by Getty Images and Yuki Kohara)
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