Walmart executive joins Coupang as General Counsel
Coupang has announced that Jay Jorgensen will join the company as General Counsel and Chief Compliance Officer. Jorgensen most recently served as the Global Chief Ethics & Compliance Officer of Walmart where he created the company’s first global program to manage regulatory compliance for the entire business. In 2016, the New York Stock Exchange Governance Services recognized that program as the “Best Governance, Risk and Compliance Program at a Large-Cap Company.”
“Coupang is relentless in its pursuit of excellence, and Jay shares that commitment,” said Bom Kim, CEO of Coupang. “His standards are remarkably high, and he has a tremendous track record. Jay is the right person to oversee global compliance as we continue to grow Coupang into one of the world’s greatest technology companies.”
Coupang is Korea's largest online retailer with global revenue of nearly $5 billion in 2018. Founded in 2010, Coupang is a global company with offices in Beijing, Los Angeles, Seattle, Seoul, Shanghai, and Silicon Valley. Jorgensen will be relocating to Seoul to take on his new role.