HYBE, a major player in the K-Pop industry, has reportedly asked Ador’s CEO, Min Hee Jin, to step down. Will this be a new chapter in the power dynamics of the K-Pop world?”

On April 22, HYBE, a dominant force in the K-Pop industry, reportedly requested a shareholders meeting, marking its latest move in an ongoing power struggle against Ador’s current board of directors. The key point of contention is the position of Ador’s CEO, Min Hee Jin, the creative mind behind NewJeans.

Min Hee Jin, known for her creative prowess, has been with Ador since her time at SM Entertainment. Currently, all two internal directors on Ador’s board have worked with Min Hee Jin since her SM Entertainment days. This close-knit executive team now faces a significant challenge from HYBE.

According to reports, it remains uncertain whether HYBE’s request for a shareholders meeting will be granted, as it requires approval from Ador’s board of directors. If denied, HYBE may resort to legal action. The court holds the power to grant HYBE both the shareholders meeting and the authority to elect its own director to Ador’s board.

In a bold move, HYBE has also reportedly requested Min Hee Jin to step down as CEO. However, it is expected that Min Hee Jin will reject HYBE’s request and counteract against HYBE.

As this power struggle unfolds, fans and industry watchers alike are keenly observing the developments. This incident underscores the intense competition and power dynamics within the K-Pop industry. Stay tuned for more updates on this intriguing story.