K Wave Media named Joongjae Lee chairman, adding him to the board, as it pushes an AI infrastructure and semiconductor acquisition strategy.
Lee is CEO of Rabbit Walk, an AI-driven real-time visual content producer in which the company bought a majority stake in 2026.
Richard Kim joined the board as co-CEO, alongside Ted Kim, to drive operations, corporate strategy, deal execution and integration.
Richard Kim brings 30 years in corporate finance and cross-border M&A, including semiconductor-related deals, at KOSPI- and KOSDAQ-listed companies.
The leadership changes take effect immediately, with due diligence under way on multiple AI infrastructure, semiconductor components and advanced manufacturing targets.