On Feb 3, Kevin Warsh Told Coupang That If He Is Confirmed As Chair Of Governors Of US Federal Reserve System, He Would Resign As Director Of Co

Coupang, Inc. Class A +0.16%

Coupang, Inc. Class A

CPNG

18.95

+0.16%

On January 30, 2026, President Donald J. Trump announced his intent to nominate Kevin M. Warsh, a member of the Board of Directors (the "Board") of Coupang, Inc. (the "Company"), to serve as Chairman of the Board of Governors of the United States Federal Reserve System, subject to confirmation by the United States Senate. On February 3, 2026, Mr. Warsh informed the Company that if he is confirmed as Chairman of the Board of Governors of the United States Federal Reserve System by the United States Senate, he would resign as a director of the Company. Mr. Warsh's decision was not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices.