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Yang Min-seok, CEO of YG Entertainment. [뉴스1]
The director's representative, Yang Min-seok, also announced his resignation following the production of YG Entertainment's representative. Yang is Yang Hyun-suk's younger brother.
On May 14, Yang Min-seok sent an e-mail to employees asking them to resign as CEO.
Yang Hyun Suk, general manager, and I think the truth will always be revealed, said Yang, "I do not know how worried and worried you are about the persistent and challenging issues that have arisen since the beginning of l & # 39; year. " I was immersed in music and management activities. "
"I have come to the idea that it is difficult to overcome and persevere by seeing various situations that continue to make difficult artists unrelated to the recent problems," he said. . "We have solved the current difficulties and proceeded to a new breakthrough of growth. To do this, a big change is needed."
He also said: "I also think that I must organize my position so that the decision that Yang Hyun-suk would describe all his positions be carried out without misunderstanding." In this situation, I decided to resign from the long, "he said.
He was re-elected as CEO at the March Shareholders' Meeting, but retired three months after his renewal.
Meanwhile, YG Entertainment has announced that it will change CEOs. The company said: "This is due to the fact that Yang Min-seok, CEO of the company, has released the press release resigned for reasons related to the accident." After the change, the representative administrator is not yet determined. He will hold an extraordinary board of directors and shareholders "He said.
Yang Min-seok resigned as CEO
YG family people.
I am sorry for all of you who have given me strength even in the difficult recent environment.
Since the beginning of the year, I have been overwhelmed by the anxieties you may have felt because of constant and exciting problems.
Yang Hyun Suk, general manager, and myself have been immersed in music and management activities for the company, undergoing all sorts of oppression in the meantime, persuaded that the truth will surely be revealed.
But now, I've realized that it's hard to overcome endurance and stamina by seeing various situations that keep artists from occurring that are not related to recent problems of life. be constantly in trouble.
A big change is needed to solve the current difficulties and create a new breakthrough in growth. I also think that my position is necessary for Yang Hyun-seok to make the decision to release all positions without misunderstanding. In this situation, I decided to resign from my position as CEO of YG Entertainment, which I have long held after deliberation.
At the 23rd anniversary of the foundation, I have already told you that to overcome the current difficulties, we must first change ourselves. I hope that my decision will mark the beginning of another great positive change.
Thank you
Han Young Hye reporter [email protected]
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