Frankly Inc. announced the appointment of Choong Sik "Samuel" Hyun and Jung Woo Sung to its Board of Directors. Hyun and Sung will replace outgoing Directors Michael C. Lunsford and Jihnwoo Kim. Hyun will also serve as Chair of the company's Audit Committee.

Sung is currently CFO & Head of Corporate Development for SK Planet. Hyun has held various senior leadership roles within the SK family of companies and currently leads a team overseeing SK Planet's global portfolio companies.