ADOR appointed Kim Ju-young, a member of its board, as the new CEO during a board meeting, which Min attended via phone.
Despite her removal as CEO, Min will continue to serve on the board and produce music for NewJeans, according to the company.
Min, who previously served as a creative director at Hybe’s rival, SM Entertainment, has been credited with the success of the popular K-pop quintet.
She, however, has been embroiled in a dispute with Hybe over allegations that she had plotted to seize control of ADOR and take the girl group with her.
Hybe, which owns 80 percent of ADOR’s shares, previously attempted to remove Min as CEO through a shareholders’ meeting in May amid the strife, but she retained her seat after a local court granted an injunction against Hybe’s plan.
Kim, the newly appointed CEO, is an expert in human resources management with experience from various other industries, including 카지노 Yuhan-Kimberly and Krafton. She will be responsible for stabilizing the organization and internal restructuring of ADOR, according to the label.
With this change, ADOR has separated production from management.
“The separation of production and management has been a consistent principle of (Hybe’s) multi-label system, applied to all other labels. Until now, ADOR was the only exception where the CEO oversaw both production and management,” the label said.