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| ▲ Hybe CEO Park Ji-won (L) and Min Hee-jin, CEO of ADOR, are seen in this computer-generated image provided by Yonhap News TV. (PHOTO NOT FOR SALE) (Yonhap) |
ADOR-shareholders meeting
ADOR shareholders' meeting retains CEO Min, appoints 3 new board members from Hybe
SEOUL, May 31 (Yonhap) -- Three people recommended by Hybe were appointed as new board members of ADOR, a K-pop agency housing popular girl group NewJeans, on Friday, according to sources in the music industry.
The sources also said CEO Min Hee-jin retained her position during an extraordinary shareholders' meeting held at an undisclosed place in Seoul, despite the meeting's initial agenda to remove her.
The move follows a local court decision Thursday to grant an injunction to prevent Hybe, the label's parent company, from exercising its voting rights in the shareholders' meeting to dismiss her.
The sources identified the three new board members as Hybe's Chief Human Resources Officer Kim Ju-young, Chief Strategy Officer Lee Jae-sang and Chief Financial Officer Lee Kyung-jun.
The board's two previous members, identified only as Shin and Kim and who are Min's close aides, were dismissed from their positions.
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