According to investment industry insiders on May 23 KST, HYBE Labels has selected a handful of likely candidates who will replace Min Hee Jin and the current executive board of ADOR after the shareholder's meeting scheduled for the 31st of this month.
First, the most likely candidate for CEO of ADOR is Lee Jae Sang, currently HYBE's chief security officer (CSO). Board member candidates include Kim Joo Young, currently HYBE's chief human resources officer (CHRO), and Lee Kyung Joon, currently HYBE's chief financial officer (CFO).
Meanwhile, an extraordinary general meeting (EGM) at ADOR was called upon by HYBE on April 25 KST, where shareholders will vote on CEO Min Hee Jin's removal from her position. However, if the injunction filed by Min Hee Jin's side is approved by the Seoul Central District Court before then, HYBE will lose its voting rights at the general meeting.
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