YG Entertainment has announced their new CEO.

On June 20, the company’s board of directors held a special meeting and appointed Hwang Bo Kyung as the new CEO following Yang Min Suk’s recent resignation.

Hwang Bo Kyung entered YG Entertainment in 2001 and has been serving as an executive director and CFO.

She commented, “I feel heavy responsibility and a sense of duty during this difficult time. I will straighten out the basics in order for YG Entertainment to take a step forward.”

It was also determined during the board meeting that YG Entertainment will launch a new business transformation committee.

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