Min Hee Jin Steps Down As ADOR CEO + Company Appoints New Director

The company has officially announced the resignation of Min Hee Jion from her CEO position at ADOR. A new director has been appointed to fill the role.

On August 27, ADOR stated that Min Hee Jin’s role as CEO of ADOR would be ending and that Kim Joo Young, a Human Resources expert, has been selected as the new CEO.

Min Hee Jin will remain at ADOR as an internal director and will collaborate on the production of NewJeans.

Moreover, the agency announced that the reorganization would entail a division of duties, with production and management being handled separately rather than the CEO overseeing both aspects, which was the case for ADOR.

Please refer to the complete statement from the agency below:

“ADOR would like to announce the following information.

On August 27, the company held a board of directors meeting and appointed Kim Joo Young, ADOR’s internal director as CEO.

Kim Joo Young, the new CEO, is an HR expert with experience in various industries and will be responsible for stabilizing the company and restructuring the company’s internal affairs. Former CEO Min Hee Jin will step down as CEO but will remain as an inside director of ADOR, and continue to be in charge of producing NewJeans.

At the same time, ADOR’s internal organization will now separate production and management. This has been a usual principle applied in multi-labels, but ADOR became the exception with the CEO previously having overseen both production and management.

With this personnel and organizational restructuring, ADOR plans to give its best efforts to support NewJeans in their growth and success.

Thank you.”

On August 27, ADOR released a short statement in a press release.

“Today, ADOR conducted the board meeting and voting process with full compliance, according to the procedures set by the Commercial Act and the company’s articles of incorporation. The meeting schedule was set among the dates that former CEO Min Hee Jin had hoped to postpone.”

“Former CEO Min Hee Jin attended through a video conference, and after an in-depth discussion, the board made the best choice for the future of the company and NewJeans.”

In addition, TopDaily reported that Min Hee Jin’s shareholder agreement with HYBE was officially terminated, allegedly in July.

According to Pannchoa, netizens responded to the situation in the following manner:

“Like I told anyone long ago, this is a lose-lose situation. No one’s going to win. They are both digging their graves, it’s just a matter of who will get buried first.”

“Adults fighting with literal kids getting caught in the crossfire. I hope NewJeans will be okay.”

“This was always going to be the outcome and I said this from the start. Does she still have some cards up her sleeve?”

“Maybe, but it was extremely clear that she couldn’t hold on to this position with HYBE pushing for her ejection.”

“I knew they weren’t gonna just allow her to stay on after everything. It was only a matter of time before they found a loophole.”

“This goes to show you that the court of public opinion isn’t always the best court to win in lol.”

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