Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
arrowPress Releases







If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Press Releases
  KRAFTON, INC. CHAIRMAN, BG CHANG, REVEALS PLANS TO GIFT UP TO $89 MILLION USD IN STOCK TO EMPLOYEES
  Share on Twitter RSS
 
 
05/14/2021
 


[This unedited press release is made available courtesy of Gamasutra and its partnership with notable game PR-related resource Games Press.]

AMSTERDAM, NETHERLANDS - MAY 14, 2021 - KRAFTON, Inc. Chairman, Byung Gyu (BG) Chang, recently announced plans to give up to $89 million USD in private KRAFTON shares to all current global team members and new hires who join the company before September 2021.

Given the complexities of the South Korean market, participation in an upcoming Employee Stock Ownership Program is limited to domestic team members. To support overseas members, BG decided to privately gift his own KRAFTON shares to all global employees. Through an internal email to global employees, BG Chang expressed his gratitude towards all members of KRAFTON, noting the company’s continued success would not be possible without the dedicated individuals across the world who are driving toward a common goal - to make KRAFTON one of the top entertainment property creators in the world.

“This gesture is an expression of my passion and commitment to our global audience, market, and employees,” said BG Chang, Chairman of KRAFTON, Inc. “It brings me joy to be able to invest in our team members as they have helped build the company into what it is today. Together, we will continue to build KRAFTON into something greater.”

In addition to fostering the growth of its talent through a competitive compensation system and various new internal company initiatives, KRAFTON is actively recruiting some of the world’s top talent in a bid to hire an additional 700 employees throughout the next year.

For more information about KRAFTON, please visit https://www.krafton.com/.

 

# # #


About KRAFTON, Inc.
KRAFTON, Inc. is a collective of independent game development teams responsible for various entertainment properties, including PUBG, PUBG: NEW STATE, ELYON, and TERA. The name, which is derived from the word craftsmanship, is an acknowledgment of the company’s never-ending pursuit of innovation and creating engaging experiences. KRAFTON currently consists of PUBG Studio, Striking Distance Studios, Bluehole Studio, and RisingWings. For more information about KRAFTON, please visit https://www.krafton.com.