[Infostock Daily= Reporter Lee Kang-wook] BTS Agency Big Hit Entertainment will appoint Bang Si-hyuk as its sole CEO and strengthen its responsible management system.
Big Hit announced on November 11 that it has appointed Bang Si-hyuk as chairman of the board of directors and sole CEO through the shareholders' meeting on the 20th of last month.
The chairman of the Big Hit board has been formerly the chairman of the board of directors, but he was the co-CEO of Bang Si-hyuk and Yoon Seok-joon.
However, this time, Chairman Bang Si-hyuk has been replaced by a system that serves as chairman of the board and sole CEO, enabling quick response to core issues of the company, Big Hit said.
Yoon Seok-joon, former CEO of the global division, who has overseen the business division under the joint representative system, will lead the company to launch and expand overseas markets in earnest.
Chairman Bang Si-hyuk will lead the core business and important issues of Big Hit Entertainment in the future, and will be responsible for the creative field of music production and production of Big Hit 'Multi Label' as a producer.
Meanwhile, Big Hit Entertainment established Big Hit America, an American corporation, in the western United States, and also established Big Hit Japan, a Japanese corporation.
Big Hit is planning to expand its existing business areas such as performance, intellectual property rights (IP), and platform business to a global scale, focusing on North America and Japan.
Reporter Lee Kang-wook gaguzi@naver.com
