“Newjin’s, principle response”… Who is Lee Jae-sang, the newly appointed representative of Hive?

“\nA day earlier, the group ‘New Jins’ demanded the return of former CEO Min Hee-jin from HYBE, as HYBE appointed a new CEO.”,
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Lee Jae-sang, CEO of HYBE [Photo=HYBE],
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, ‘HYBE announced that Lee Jae-sang was officially appointed as the new CEO at the extraordinary general meeting and board meeting held on the 12th.’,
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, ‘At the extraordinary general meeting in the morning, the proposal for the appointment of Lee Jae-sang as an inside director was approved as originally planned.’,
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, “At the subsequent board meeting, a resolution for the CEO change was made citing the resignation of the previous CEO, Park Ji-won, as the reason for the new appointment.”,
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, ‘Lee Jae-sang, the new CEO, joined HYBE in 2018 after graduating from Yonsei University and having worked at global management consulting firm Monitor Group, Hyundai Motors, and Google.’,
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, ‘He has held various key positions at HYBE, such as CIGO (Chief Innovation Growth Officer) at Big Hit Entertainment, CSO (Chief Strategy Officer) at HYBE, COO (Chief Operating Officer) of HYBE America, and the representative of HYBE America, playing a central role in the company\’s business strategy and overall investments.’,
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, ‘In particular, he took a leading role in designing and implementing HYBE\’s 3 major business strategy structure of Label – Solution – Platform, as well as leading prominent domestic label and tech company mergers and acquisitions and HYBE\’s initial public offering (IPO) process.’,
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, ‘The previous night, the group New Jins expressed their opposition to the dismissal of former CEO Min Hee-jin through a live broadcast.’,
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, ‘New Jins stated, “After the dismissal of (Min Hee-jin) CEO, we cannot work with the director we have been working with for just a week and are afraid of parting ways with other staff members”, and appealed, “Instead of just saying you care for the artists, please make sure we can rely on you and enjoy working together.”‘,
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, ‘They also demanded, “What we want is the original Auduor where CEO Min Hee-jin leads both management and producing”, and requested, “Chairman Bang Si-hyuk and HYBE to make a wise decision to normalize Auduor by the 25th.”‘,
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, ‘In response, the CEO stated at the morning extraordinary shareholders\’ meeting regarding the recent Auduor issue that he will “deal with it calmly according to principles.”‘,
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, ‘As a result of New Jins\’ disclosure the previous day, HYBE\’s stock price on the 12th finished at 169,000 won, down 2.82% from the previous trading day.’,
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