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Jan 29



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Sky Dayton, founder and chairman of the phantasmagorical Helio, has announced that he’s stepping down as CEO to become chairman of the board of the last-man-standing MVNO. Dayton will be replacing Jinwoo So, as chairman of the board, while himself being replaced by Wonhee Sull, formerly the company’s president and COO. “Helio has reached a point in its development where I feel the timing is right for this change… As we have for the past three years, the two of us will continue to define Helio’s direction and future,” said Dayton. It’s possible that with the recent influx of cash (and increased ownership) from from its Korean parents and the dwindling marketshare of MVNOs meant that SK felt it was time to step in and get things on track.

Update: Lots of fun title inaccuracies going on up in here. See above for the latest, correct edits.

 

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Source: Joshua Topolsky

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