Article: Bang Si Hyuk steps down as HYBE's CEO
Source: Exports News
Bang Si Hyuk has resigned as CEO of HYBE.
Following announcement of plans to establish a joint venture with Universal Music Group in February and merger with Scooter Braun's Ithaca Holdings in April, Bang Si Hyuk resigned as CEO to focus on his role as music producer, which is his area of expertise.
The new HYBE CEO will be Park Ji-won, former HQ CEO who joined the company in May of last year. Park Ji-won's focus will be streamlining the overall organization for the company's rapid growth and oversee management strategy and operation of HYBE.
HYBE America will be headquartered in the U.S and headed by Yoon Seok-jun and Scooter Braun.
The newly established HYBE Japan will be headed by Han Hyun-rok, new CEO in his 30s and will focus on creating a foundation for HYBE labels to enter and promote in the Japanese market.
- [+2,728, -106] Looks like he wants to be musician than an executive. What a great mindset!
- [+1,504, -28] You can tell he's smart if he chose to focus on what he does well rather than wasting his time with things that won't let him enjoy his passions. It's easy to be greedy and end up bankrupting your own business so this seems like a wise professional decision.
- [+757, -32 What a resourceful person. He's accomplished what he wanted to accomplish, so he knows when to take step back and rake in profits. This is what a true leader is.
- [+548, -55] Being CEO or Chairman of a corporation comes with a lot of responsibilities than staying major shareholder ㅋㅋ. Just look at Shinsegae's Jung Yong-jin ㅋㅋㅋ
- [+215, -25] A realistic wise decision. Really cool! Much respect!
- [+63, -34] He's smarter than I thought ~
- [+18, -6] I remember Gaseyeon saying there's corruption inside Big Hit? I wonder if it's true. I hate Gaseyeon like everyone else but they're usually right on..
- [+15, -5] ?? Is something going to explode in the news?? Kim Yong* said someone was holding onto Bang Si-hyuk by the neck..?