TRENDING: HYBE’s CEO Has Stepped Down, This Man Is Set To Take His Place, What Happened?
HYBE CEO Park Ji Won is stepping down from his position, HYBE has now announced after refusing on comment on previous reports!
Lee Jae Sang, the current Chief Strategy Officer (CSO), has been appointed as the new CEO. HYBE announced on the 24th of July that Lee Jae Sang will be formally appointed as the CEO after approval at the upcoming shareholders’ meeting and board of directors’ meeting.
HYBE has been conducting a leadership transition project since the beginning of the year, and Lee Jae Sang has been identified as the right person to lead the new ‘HYBE 2.0’ strategy. Lee, who graduated from Yonsei University, has previously worked at Monitor Group, Hyundai Motor Company, and Google before joining HYBE (formerly Big Hit Entertainment) in 2018.
HYBE stated, “Lee Jae Sang is an expert in the entertainment industry, with comprehensive experience in both domestic and international business strategy and operations. We expect him to contribute significantly to HYBE’s growth as an advanced entertainment lifestyle platform company based on music and technology.”
Park Ji Won, who has led HYBE for the past three years, decided to step down, believing that it is appropriate for the new leadership to drive the global business expansion and new growth strategies.
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Source: A
