Former Ador CEO Min Hee-jin speaks during a press conference in Jung District, Seoul, May 31. Yonhap By Pyo Kyung-min Former Ador CEO Min Hee-jin officially announced her resignation as the label's internal director, Wednesday, marking her complete departure from HYBE Labels amid an escalating legal battle . "Today, I am resigning as an internal director of Ador," Min said in a statement.
"I am going to terminate the shareholders' agreement with HYBE and will hold the company legally accountable for breaches of the agreement. I also plan to take all necessary legal actions against the numerous unlawful acts committed by HYBE and its affiliates." The resignation comes after months of conflict between Min and HYBE, starting in April when the entertainment giant accused her and Ador's management of embezzlement and attempting to seize control of the label.
In response, Min claimed the dispute revolved around allegations that NewJeans, a group under Ador, had its concept plagiarized by another HYBE subsidiary. HYBE then removed Min from her CEO position on Aug. 27, later retaining her as an internal director.
On Oct. 30, the Ador board of directors ultimately rejected a proposal to reinstate Min as CEO. "For over seven months, I have endured a nightmarish dispute with HYBE, which began with their illegal audit in April," Min stated.
"I have made every effort to honor the shareholders' agreement and restore Ador to its former state before April. However, HYBE's refusal to acknowle.
