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HYBE Addresses ADOR Board And Management Candidate Reports

HYBE addressed ADOR’s executive board and management candidate reports. Recent sources suggest that HYBE has selected new ADOR CEO and executive board members to replace Min Hee Jin. Chief security officer Lee Jae Sang is projected to become CEO, while chief human resources officer Kim Joo Young and chief finance officer Lee Kyung Joon are potential board candidates. If several ADOR personnel resign after Min Hee Jin’s leave, NewJeans will be administered under a new subsidiary label, reports say. As ADOR’s management reports circulate, HYBE responded, “We’d want to explain. ADOR’s CEO is unknown. Another label cannot produce NewJeans either. When chosen, the 3 director candidates’ positions and organizational stability and support strategies will be revealed.”

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