Hybe Has Chosen Potential Candidates For The Future CEO And Board Members Of ADOR

On May 23 KST, investment industry insiders reported that HYBE Labels has chosen a few candidates to replace Min Hee Jin and ADOR’s executive board after the shareholder’s meeting on May 31. First, HYBE’s CSO Lee Jae Sang is the most likely ADOR CEO candidate. HYBE’s CHRO Kim Joo Young and CFO Lee Kyung Joon are board candidates. HYBE called an EGM at ADOR on April 25 KST to vote on CEO Min Hee Jin’s dismissal. If Min Hee Jin’s injunction is accepted by the Seoul Central District Court before then, HYBE will lose its general meeting voting rights.