Min Hee-jin has stepped down from her position as CEO of ADOR. 

According to ADOR, "Min Hee-jin will no longer serve as CEO but will remain as an internal director of the company. She will continue her role in producing NewJeans."

ADOR also announced a structural change within the company, stating, "The production and management departments will now be separated. While the multi-label management system has been consistently applied across all labels, ADOR had previously been an exception, with the CEO overseeing both production and management."

The company emphasized, "With this personnel and organizational restructuring, ADOR is committed to fully supporting NewJeans' growth and future success."

Here is the Official Statement from ADOR

We would like to inform you of recent developments at ADOR.

On the 27th, ADOR held a board meeting and appointed Ju Young Kim, an internal director at ADOR, as the new CEO. Ju Young Kim is an HR expert with extensive experience across various industries and will focus on stabilizing and restructuring the organization.

Min Hee-jin will step down from her position as CEO but will continue to serve as an internal director at ADOR. She will also maintain her role in producing NewJeans.

In addition, ADOR's internal structure will undergo changes, with a clear separation between production and management. While the multi-label management system has been consistently applied across all labels, ADOR had been an exception, with the CEO overseeing both production and management. 

With these personnel changes and organizational restructuring, ADOR is committed to fully supporting the growth and continued success of NewJeans.

Thank you.

SEE ALSO: Min Hee Jin responds to the court decision denying her reinstatement as ADOR CEO