by Journalist Lee Taesoo
https://n.news.naver.com/article/001/0014947774?sid=103
NewJeans' label, ADOR, held a board meeting on the 25th, the deadline set by the members, and decided to extend Min Heejin's term as internal director.
As tensions escalated, ADOR presented a last-minute compromise. However, ADOR rejected Min Heejin's return to the CEO position, which previously was demanded by Min Heejin and NewJeans, drawing attention to how the situation will unfold.
According to music industry sources, ADOR held the board meeting in the morning and decided to hold an extraordinary shareholders' meeting to reappoint Min Heejin as an internal director. It is reported that Min Heejin also participated in the board meeting as an internal director.
As ADOR's major shareholder with an 80% stake, HYBE expressed their respect for this proposal, making it likely that Min Heejin's term extension as the internal director will proceed smoothly once the shareholders' meeting is held. Min Heejin's current term as an internal director is set to end on November 1.
While maintaining her demand to return to the CEO position, Min Heejin still showed a willingness to accept the offer to be reappointed as an internal director for a three-year term.
However, ADOR's board reportedly decided that it was difficult to accept her demand to return to the CEO position.
theqoo
-Do they think people are f*cking idiots?ㅋㅋㅋㅋㅋㅋㅋㅋ They're the real idiots.
-HYBE owes Min Hee-jin a penalty fee, and now they want to present a compromise?ㅋㅋ Look at them trying to use NewJeans as a shield again.
-This is so absurd. Fighting, Min Heejin and NewJeans.
-They still think fans are fools.
-HYBE is such a dirty company.
-ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ Seriously, I’ve never seen such a filthy company in my lifeㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ
-How is this nonsense considered a compromise?
-Everything they say is nonsense. Just disappear already.
-Suddenly they’re backing down? Isn’t it contradictory to accuse of breach of duty but then reappoint her as an internal director?
-Let's just go to court.
-Do they not know what 'compromise' means?
-Min Heejin should just go ahead with the lawsuit.
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ADOR proposes a compromise to keep Min Heejin as internal director, not CEO
