Kakao (035720.KS) has appointed Kim Do-young, the incoming chief executive of Kakao X, as co-chair of its CA Council alongside Chair Chung Shin-a. The group said the decision followed a Sept. 28 council meeting and a resolution by the chief executives of member companies. The joint leadership structure will handle major group decisions and coordination until the planned spinoff is completed, with the aim of preventing a management gap and maintaining organizational stability. Kakao has formed a task force spanning technology, finance and human resources to review practical preparations and implement the transition step by step. It is also holding offline employee briefings and running a dedicated channel for questions about the split.