01 April 2024, Seoul, Republic of Korea – SAIGE is pleased to announce the appointment of Youngsuk Hong as Co-CEO, effective immediately. Mr. Hong, who currently serves as the Vice President, will now join CEO Frank Chongwoo Park in a dual leadership structure to enhance the company’s strategic focus and operational efficiency.

Mr. Youngsuk Hong, co-founder of SAIGE, holds a doctoral degree in robotics from Seoul National University. Since 2018, he has been instrumental in leading the sales and customer services departments, significantly contributing to the expansion of SAIGE’s business operations.

The new dual-CEO structure is designed to optimize efficiency through a clear division of responsibilities. CEO Frank Chongwoo Park will dedicate his efforts to overseeing the research department, concentrating on the development of advanced artificial intelligence technology tailored for the manufacturing industry. In parallel, CEO Youngsuk Hong will focus on product and business operations, formulating strategies for market expansion and driving organizational growth.

A SAIGE spokesperson commented, “Over the past six years, CEO Youngsuk Hong has transformed into a seasoned business expert with a profound technical background. With the implementation of a two-CEO system, we foresee a powerful synergy effect as we streamline our efforts in research, productization, and marketization.” The spokesperson further added, “CEO Frank Chongwoo Park will continue to leverage our technological strengths by concentrating on AI research, ensuring SAIGE remains at the forefront of innovation in the manufacturing sector.” / THE END.