ADOR has revealed their response to NewJeans' request to reinstate Min Hee Jin as CEO. On September 25, 2024, ADOR released an official statement announcing that it had decided to hold an extraordinary general meeting of shareholders to reappoint former CEO Min Hee Jin as an internal director.
They said, "ADOR decided to hold an extraordinary general meeting of shareholders to reappoint Min Hee Jin as an internal director at today's board meeting." "Earlier on the morning of September 11, 2024, ADOR had proposed to Director Min Hee Jin to take over the production of NewJeans for the next five years.
This period covers the entire remaining duration of NewJeans' contract." "However, the ADOR board of directors discussed and decided that the request for him to return as CEO at this time was unacceptable."
"Given that basic guarantees regarding his position, duration and authority as producer responsible for NewJeans have been established, we expect further negotiations on specific conditions to take place in the future." Additionally, ADOR stated, “We sent detailed responses to NewJeans members via email regarding the items discussed at that day’s board meeting and the questions they asked.”
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