There was a big management shakeup at South Korea-headquartered leisure big HYBE.
Jiwon Park, who has served as HYBE’s CEO for the previous three years, has stepped down from his position on the firm.
HYBE says that Park has led the corporate via “unprecedented progress” throughout his tenure as CEO, which began in July 2021.
The corporate added that Park will proceed to contribute to its progress technique by “leveraging his experience within the intersection of leisure and expertise”.
HYBE additionally introduced at this time (July 24) that present Chief Technique Officer, Jason Jaesang Lee, has been appointed as the corporate’s subsequent Chief Govt Officer, following approval at a shareholders’ assembly and Board of Administrators Decision.
Since becoming a member of HYBE (previously Massive Hit Leisure) in 2018, the corporate says that Lee has been instrumental in shaping its enterprise technique and investments.
He has held key positions together with Chief Innovation and Progress Officer, Chief Technique Officer, Chief Working Officer of HYBE AMERICA, and President of HYBE AMERICA.
With in depth expertise throughout the leisure trade, HYBE notes that Lee structured its “three-pillar enterprise mannequin” throughout its label, resolution, and platform companies, whereas spearheading the corporate’s IPO and variety of mergers and acquisitions.
Lee beforehand labored with Monitor Group, Hyundai Motors, and Google previous to becoming a member of HYBE.
Based on HYBE, the management change will “facilitate[e] a strategic shift geared toward fostering HYBE’s world growth and its new progress technique”.
The corporate added that the transition has been a part of HYBE’s “ongoing management initiative” for the reason that begin of 2024, positioning Lee as “the central determine” for its so-called “HYBE 2.0 technique rollout”.
“Jason is an leisure trade veteran with huge expertise in strategic planning and operations throughout each home and abroad companies.”
HYBE
“Jason is an leisure trade veteran with huge expertise in strategic planning and operations throughout each home and abroad companies,” stated HYBE in an announcement issued to MBW.
“Below his new management, we’re trying ahead to advancing as a world leisure way of life platform firm.”
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