94

19

News

ADOR's board of directors & CEO Min Hee Jin to hold board meeting this week

AKP STAFF
Posted by Germaine-Jay Tuesday, May 7, 2024

ADOR's board of directors and CEO Min Hee Jin are holding a board meeting this week.

According to insiders, ADOR's board of directors notified HYBE they'll be holding a board meeting in Seoul on May 10 KST. The board of directors currently includes CEO Min Hee Jin, Vice President Shin, and Creative Director Kim. 

ADOR's legal representative Sejong Law Firm previously stated, "The decision has been made the board of directors meeting will be held by May 10, and the general shareholders meeting will be held by the end of May. We'll give any additional information to the court by May 13." If there is an additional meeting with shareholders, it will be held after the 15th.

As previously reported, HYBE has accused CEO Min Hee Jin of theft of ADOR's management rights and breach of trust, and she has denied all charges. 

SEE ALSO: Min Hee Jin to appeal labor office's workplace harassment fine

  1. Min Hee Jin
83 13,905 Share 83% Upvoted
 
mixed_nuts
mixed_nuts3,060 pts Tuesday, May 7, 2024 1
Tuesday, May 7, 2024

I'm sure she already knows the outcome, the meeting is being done so she and the directors that took her side could hope for a better pay out for voluntarily stepping down and getting a severance package vs. getting stripped off authority, kicked to the curb, and losing their stock options for breach of contract.

8 (+9 / -1)
Share

1 more reply

 
Cydney
Cydney1,467 pts Tuesday, May 7, 2024 3
Tuesday, May 7, 2024

She can hold a board meeting on her own, but wouldn’t go to the one HYBE requested? She is making it look like HYBE was right about her since she continues to act on her own.

5 (+16 / -11)
Share

3 more replies

SHOW ALL COMMENTS

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
Red Velvet, Wendy, Yeri
Red Velvet, Yeri
IU
WINNER, Song Min Ho (Mino)
Lee Byung Hun, Lee Min Jung
misc.
Red Velvet, Wendy, Yeri
Yoo Ah In
Jang Na Ra, Nam Ji Hyun
Red Velvet, Yeri
Red Velvet, Wendy, Yeri
misc.
IU
Red Velvet, Yeri
IU, Kim Seon Ho, Moon So Ri, Park Bo Gum, Yeom Hye Ran
New Message

SEND