# EDGAR Filing Document

**Accession Number:** 0001997859
**File Stem:** 0001997859-26-000044
**Filing Date:** 2026-4
**Character Count:** 13421
**Document Hash:** 2daf9bf24ceff84ecaf58fd2bb58657a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001997859-26-000044.hdr.sgml**: 20260413

**ACCESSION NUMBER**: 0001997859-26-000044

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20260410

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260413

**DATE AS OF CHANGE**: 20260413

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WEBTOON Entertainment Inc.
- **CENTRAL INDEX KEY:** 0001997859
- **STANDARD INDUSTRIAL CLASSIFICATION:** MISCELLANEOUS PUBLISHING [2741]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42144
- **FILM NUMBER:** 26857984

**BUSINESS ADDRESS:**
- **STREET 1:** 5700 WILSHIRE BLVD, SUITE 220
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90036
- **BUSINESS PHONE:** 213-347-4841

**MAIL ADDRESS:**
- **STREET 1:** 5700 WILSHIRE BLVD, SUITE 220
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90036

?xml version='1.0' encoding='ASCII'? wbtn-20260410

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): April 10, 2026**<br>

**WEBTOON Entertainment Inc.**

**(Exact name of Registrant as Specified in Its Charter)**

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-42144** | **81-3830533** |
| **(State or Other Jurisdiction<br>of Incorporation)** | **(Commission File Number)** | **(IRS Employer<br>Identification No.)** |
| **5700 Wilshire Blvd.**<br>**Suite 220** | | |
| **Los Angeles, California** | | **90036** |
| **(Address of Principal Executive Offices)** | | **(Zip Code)** |

---

**Registrant's Telephone Number, Including Area Code: (323) 424-3795**<br>

**(Former Name or Former Address, if Changed Since Last Report)**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

**Securities registered pursuant to Section 12(b) of the Act:**

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading<br>Symbol(s)** | **Name of each exchange on which registered** |
| Common stock, par value $0.0001 per share | WBTN | Nasdaq Global Select Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

On April 13, 2026, WEBTOON Entertainment Inc. (the "Company") announced a number of executive leadership changes. In connection with the leadership transitions, effective April 10, 2026, Chankyu Park resigned from his position as Chief Technology Officer of the Company. Mr. Park will no longer serve as an executive officer of the Company within the meaning of the rules promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Mr. Park's resignation is not the result of any disagreement with the Company or its Board of Directors on any matters relating to the Company's operations, policies or practices. Mr. Park will remain with the Company through the end of May 2026 to facilitate the transition of duties and thereafter transition into an advisor role.

The Company also announced a title change for David J. Lee to better reflect his roles and responsibilities with the Company. Mr. Lee's title was changed from Chief Financial Officer and Chief Operating Officer to Chief Financial Officer. Effective April 10, 2026, Mr. Lee ceased serving as the Company's Chief Operating Officer. Mr. Lee will continue to serve as the Company's Chief Financial Officer and a member of the Board of Directors. In addition, effective April 1, 2026, Mr. Lee has been appointed as the President of Wattpad Corp., a wholly-owned subsidiary of the Company in Canada. Mr. Lee's title change is commensurate with his role with the Company. There were no material changes to the terms of Mr. Lee's compensation in connection with the title change.

**Item 7.01 Regulation FD Disclosure**

On April 13, 2026, the Company issued a press release announcing several leadership changes. A copy of the press release is furnished hereto as Exhibit 99.1 and incorporated herein by reference.

The information furnished pursuant to Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

**Item 9.01 Financial Statements and Exhibits.**

(d) Exhibits

---

| | |
|:---|:---|
| **Exhibit**<br>**Number** | **Description** |
| 99.1 | <u>[Press release dated April 13, 2026](webtoonleadershiptransform.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the inline XBRL document) |

---

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | | |
|:---|:---|:---|:---|
| | | | **WEBTOON Entertainment Inc.** |
| Date: | April 13, 2026 | By: | /s/ David J. Lee |
|  |  | Name: | David J. Lee |
|  |  | Title: | Chief Financial Officer |

---

## Ex-99

**Exhibit 99.1**

![image_0a.jpg](image_0a.jpg)

**WEBTOON Entertainment Announces Leadership Changes to Accelerate Global Growth Strategy** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● WEBTOON will streamline its operating structure, shifting from regional to integrated global leadership

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● As President Yongsoo Kim assumes oversight and consolidates global operations, the Chief Operating Officer role will be eliminated; David J Lee will continue as Chief Financial Officer and will additionally serve as President of Wattpad

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● A newly created Chief Business Officer role will lead growth, marketing, content, and creator management for WEBTOON's global webcomic platform business in Korea and Rest of World

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Experienced WEBTOON leaders will assume the roles of Chief Product Officer, Head of AI, and Head of IP Business; the role of Chief Technology Officer will be eliminated

**LOS ANGELES and SEOUL (April 13, 2026)** - WEBTOON Entertainment Inc. (Nasdaq: WBTN) today announced a new global leadership structure and Chief Business Officer role as it accelerates execution and innovation under recently appointed President Yongsoo Kim. The company has unified its global leadership structure to move faster and integrate regional operations, enhancing speed and efficiency across the company's global ecosystem.

"After twenty years of transforming storytelling and entertainment, our full global potential is within reach, and this is a moment where we must evolve and innovate more than ever," said Yongsoo Kim, President of WEBTOON Entertainment. "We're making bold changes to sharpen execution and move faster as an aligned global organization. We're not done evolving, and we're not slowing down."

**Chief Product Officer** 

Yuki Chae has been elevated to Chief Product Officer for WEBTOON Entertainment. In the newly structured role, Chae will integrate WEBTOON's global product roadmap, aligning development to unlock speed and product innovation.

As a WEBTOON veteran with roots across the company's most important markets, Chae is uniquely positioned to lead its integrated global product vision, having previously overseen product operations across North America, Japan, and Korea.

------

**Chief Business Officer** 

Leah Goeun Yeon has joined WEBTOON Entertainment as the company's first Chief Business Officer (CBO). In the newly created role, Yeon will oversee WEBTOON's Korean and Rest of World webcomic platform business (excluding Japan), leading growth, marketing, content, and creator management.

Yeon brings nearly two decades of global experience in growth, marketing, and consulting roles. She was previously Chief Growth & Marketing Officer at Woowa Brothers, a top food delivery app in Korea. Yeon was also co-founder and CEO of Simply O, a Korea-founded e-commerce lifestyle brand that expanded to the global market. Yeon has also held roles at McKinsey, Google, Samsung Electronics, and holds an MBA from Harvard Business School.

**Wattpad Leadership** 

David J Lee will take on the role of President of Wattpad in addition to his role as global Chief Financial Officer for WEBTOON Entertainment. He steps into the role as the Wattpad platform continues its transformation efforts, with a deepened focus on ad-supported free content and expanded access for its global community of readers and writers.

David J Lee has previously led transformations at consumer technology companies like ZYNGA, Impossible Foods, and Best Buy's move to e-commerce business.

**AI Leadership and Technical Organization** 

Teo Taeyeong Jang has been elevated to Head of AI. Jang will build on WEBTOON's existing AI capabilities, including content protection and anti-piracy innovations, content discovery, and the newly launched Translation Program, all designed to help creators reach new audiences.

His appointment comes as the company expands its AI transformation for internal productivity, while continuing to invest in AI-powered tools and experiences that support creators and enhance how fans discover and engage with their favorite stories.

Jang has held leadership roles at WEBTOON's Machine Learning and AI Services teams since 2021. He was previously a Software Engineer at Samsung Electronics.

**IP Business Leadership** 

Sean Shinhyung Kim has been elevated to Head of IP Business, where he'll strengthen WEBTOON Entertainment's IP ecosystem across its platforms and subsidiaries, strategically expanding its IP value chain in areas that can accelerate global growth. The role reflects WEBTOON Entertainment's ongoing commitment to building one of the most dynamic IP pipelines in global entertainment and creating opportunities for Creators that extends from its main platform business to TV, film, gaming, merchandise, and more.

Sean Shinhyung Kim has excelled as a corporate leader at WEBTOON. Since joining the company in 2021, he has held leadership roles in Global Business Operations and Strategy & Research for WEBTOON.

------

All roles will report directly to President Yongsoo Kim. David J Lee will continue to report to CEO Junkoo Kim in his role as global CFO.

###

**<u>About WEBTOON Entertainment</u>**

WEBTOON Entertainment is a leading global entertainment company and home to some of the world's largest storytelling platforms. As the global leader and pioneer of the mobile webcomic format, WEBTOON Entertainment has transformed comics and visual storytelling for fans and creators.<br>

With its CANVAS UGC platform empowering anyone to become a creator, and a growing roster of superstar WEBTOON Originals creators and series, WEBTOON Entertainment's passionate fandoms are the new face of pop culture. WEBTOON Entertainment adaptations are available on Netflix, Prime Video, Crunchyroll, and other screens around the world, and the company's content partners include Discord, HYBE, and DC Comics, among many others.

With approximately 160 million monthly active users, WEBTOON Entertainment's IP & Creator Ecosystem of aligned brands and platforms include WEBTOON, Wattpad--the world's leading webnovel platform--WEBTOON Productions, Studio N, Studio LICO, WEBTOON Unscrolled, LINE MANGA, and eBookJapan, among others.

**Press Contact:**

Media Contact

Kiel Hume

kiel@webtoon.com

Investor Relations

Soohwan Kim, CFA

investor@webtoon.com

<br>