News Yang Min Suk resumes his position as YG Entertainments CEO (2 Viewers)

Abeamus

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On July 1, YG Entertainment announced through the electronic disclosure system DART (Data Analysis, Retrieval and Transfer System) that the current CEO Hwang Bo Kyung and former CEO Yang Min Suk will now manage the label together.

YG Entertainment commented, “Co-CEO Yang Min Suk will strive to strengthen YG Entertainment’s competitiveness by promoting steady activities of the artists and further strengthening cooperation with global partners. We expect there will be positive synergy as we focus on YG Entertaintment’s sustainable development and increase corporate value by adding strong momentum to future new growth engines like intellectual property (IP) and platform businesses.”

Through the agency, Yang Min Suk shared, “I will not forget the management philosophy as a company that fulfills social responsibility by completing a quick and efficient decision-making system.”


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as expected..
Somewhat surprising but not out there as they did still have a lot of power from their shares of the company although will have to see how this affects YG
 
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