Neowiz appoints Jason Park co-CEO, embedding its pipeline architect into executive governance
Summary
Neowiz nominated Jason Park (Park Sung-joon), director of Lies of P studio Round8, as co-CEO alongside current CEO Bae Tae-geun - effective after an August shareholders meeting
Park becomes the first developer to hold CEO in Neowiz's history
He retains leadership of the New Game Development Group simultaneously, merging pipeline control with executive authority
"Strengthen expertise and execution on the development side as it ramps up its pipeline of new projects"
01
Co-CEO structure splits business ops from development strategy
Park spent over a decade at Neowiz - development director at Neowiz CRS (2013), head of Round8 Studio (2019), New Game Development Group lead since 2023
Bae Tae-geun stays in place for corporate and financial operations
Park holds both CEO and development group head roles simultaneously
This is direct integration of pipeline authority into governance, not a ceremonial promotion
02
Five concurrent projects demand executive-level development coordination
Neowiz disclosed in a 2025 investor presentation: a Lies of P sequel in full-scale development, an unnamed soulslike, a life sim, a survival action-adventure, and a narrative RPG
The pipeline retains its architect through the leadership transition
For VCs modeling Neowiz, the key variable is whether one person can scale across five titles without bottlenecking either role
03
First developer-CEO reframes Neowiz's positioning for external partners
Neowiz's roots are South Korean PC and mobile; Lies of P was its first validated premium global console entry
Elevating that title's architect to co-CEO signals premium console is now core strategy, not an experiment
For publishers and investors, the diligence question shifts from "can they repeat a hit?" to "can developer-led governance sustain a multi-title premium pipeline?"
Events
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Locations
South Korea
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