1 day Ago By Risha Ganguly
Former ADOR CEO and brain behind NewJeans, Min Hee-Jin has officially announced her departure from HYBE and ADOR. On November 20, Min released a statement saying, "Today, I have terminated the shareholders’ agreement with HYBE and resigned from my position as an internal director at ADOR." Min Hee-Jin's resignation The former CEO wrote that she had hoped to restore ADOR to its original state, but does not see that happening anytime soon.
"Over the past seven months, during a prolonged and distressing dispute with HYBE that began with illegal audits in April, I have done everything within my power to restore ADOR to its original state before April. Rather than showing remorse, HYBE fabricated baseless falsehoods, turning its shameful illegal audit into a public spectacle—a reckless and unprecedented act of foolishness.", said Min Hee-Jin.
She further said that HYBE's conduct is unbecoming of a major corporation and is 'marked by ignorance and irrationality.' She added, "I never expected them to repent, but I did hope for some basic human decency—a belief that now seems naïve." Calling HYBE's conduct a stain in K-pop history, Min Hee-Jin acknowledged fans and said, "Although this incident is not yet resolved, I extend heartfelt gratitude to the fans, including NewJeans’ Bunnies, for their unwavering support over the past half year.
No single individual’s malicious actions should tarnish the essence of an industry. It was truly deplorable." ALSO READ: NewJeans' Speech At 2024 Korean Grand Music Awards Includes ADOR Ex-CEO Min Hee-Jin, Leaves Fans In Tears: Even If We're Not.
.. NewJeans thanked Min Hee-Jin during acceptance speech at 2024 KGMA On November 16, NewJeans won the Best Artist Award at KGMAs.
During their acceptance speech, the girl group extended special thanks to former ADOR CEO Min Hee Jin, who they have publically supported over parent company HYBE. They said, "We’ve come this far thanks to the love, support, and encouragement from everyone. A huge thanks to all the staff who stand by us, the fans who cheer for us, and especially Min Hee-Jin, who has always been our biggest supporter.
We look forward to continuing this journey with her for a long time." Get Latest News Live on Times Now along with Breaking News and Top Headlines from Korean, Entertainment News and around the world..
