Min Hee-jin is leaving today (20th)...resignation of the executive director

2024.11.20 PM 01:32
ⓒYonhap News Agency
Min Hee-jin, former CEO of Adore, will eventually leave Adore and its parent company Hive.

On the 20th, former CEO Min issued a position and said, "I will terminate the shareholder contract signed with Hive today and resign from the inside director of Audor."

"We are trying to hold Hive legally responsible for violations of the inter-shareholder contract. In addition, we will take necessary legal measures one by one for the numerous illegalities of Hive and its people, he said."(Hive) put a strange frame of 'stealing management control' on me, a small shareholder and CEO, and made a witch hunt and an ignorant and unconventional attack that is hard to believe as a large company," said former CEO
Minn.

He added, "This rare incident is not over yet, but I am grateful to Burns (Newzins fandom name) and many others for their tireless support and support for nearly half a year."

Finally, former CEO Min urged people to pay a lot of attention to new activities in the future, stressing that "one's malicious behavior should not undermine the 'essence of business'."

Hello, I'm Min Heejin.

I'm resigning from the inside director of Odor today.

It also seeks to terminate the inter-shareholder agreement signed with Hive and hold Hive legally liable for violations of the inter-shareholder agreement.

In addition, we plan to take necessary legal measures one by one against the numerous illegalities of Hive and his people involved.

In the midst of a hellish dispute with Hive that began with Hive's illegal audit in April and has lasted for more than seven months, I have done everything I can to keep my shareholder agreement and get Adore back to where I was before April. However, Hive has so far refused to admit his wrongdoing and shows no signs of changing, so I decided that any further efforts were a waste of time.

I wanted Hive to admit his fault himself and have been trying hard to keep Newzins within the crooked Hive. This is also the reason why I sent two whistleblowing emails in April.

However, Hive does an unprecedented folly of making up absurd false facts, let alone reflecting on himself, and even displaying his shameful illegal appreciation to the public. He put a bizarre frame of "managerial control" on me as a minority shareholder and CEO, did witch hunts, and made ignorant and unconventional attacks that would be hard to believe to be a big company.

After all the twists and turns, it wasn't until about seven months later that my whistle-blowing was a legitimate accusation based on obvious facts, while Hive's ugly lies and hypocrisy are being revealed one after another.

In fact, Hive would have known from the beginning that the contents of the whistleblowing were all true, and that it was also a legitimate issue.

However, the essence of "problem solving" must have been a homework that I want to turn a blind eye to for those who only care about their own interests and English.

I didn't expect them to repent, but I think it was an innocent misjudgment to believe that there would be a minimum conscience as a human being.

But I didn't want to dwell on money and ride on this twisted organization as if I was not alive just because I was stuck with my breath.

Until recently, Hive has continued to engage in hypocritical and contradictory behavior, using his affiliated labels to so-called burying me through reckless litigation, nitpicking, and unfair media play, while at the same time submitting a production commission contract full of toxic clauses as if offering a huge favor.

He insisted on R&R consultations, which are the essence of the delegation contract, but he repeatedly insisted that he would only force face-to-face meetings and not provide R&R documents, citing incomprehensible requirements such as forensics consent before the consultation.

It is not surprising that those who spread false information to the media that they had decided to step down from their CEO and take on production work force others to "keep confidentiality" even though they were unilaterally dismissed.

Hive's atrocities in 24 will go down as an unprecedented issue in the history of K-pop.

For the past seven months, I have fought with all my might, mentally, economically and physically, to revive Adore, who has been broken by Hive's serious breach of shareholder contracts.

It means that even though it was a hell of a fight that started with the groundless violence of a group called a large company, he did not back down and made every effort.

Hive's moral hazard has already reached its peak, and dirty media play will continue, but I'm not worried that it has reached the point where even the public can read the pattern now.

Nevertheless, if there are forced undercover forces and media, we will never sit idly by and punish them by law.

This rare incident is not over yet, but I would like to express my sincere gratitude to Burns and many others for their tireless support and support for nearly half a year.

Ironically, it's also a special luck to get to know the best people through the fight against the worst company.

Some people may not understand why I have endured this much, but there must be reasons and meanings for someone like me to exist in the world.

Please pay a lot of attention to the new K-pop journey that I will be carrying out in the future.

I finish writing by conveying to someone with a feeling of relief.

"A person's malicious behavior should not undermine the 'essence of business'. It was really bad."


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