YG Entertainment founder's younger brother reinstated as co-CEO
YG Entertainment co-CEO Yang Min-suk / Korea Times photo by Bae Woo-han
Yang Min-suk, the younger brother of K-pop powerhouse YG Entertainment's founder Yang Hyun-suk, has been reinstated as the firm's co-CEO, the company said Friday.
YG made the announcement in a regulatory filing, saying Yang Min-suk and current CEO Hwang Bo-kyung have been appointed as co-CEOs.
The brothers previously served as YG co-CEOs before stepping down in 2019 amid sprawling drug and sex scandals involving the firm and some of its artists.
"Co-CEO Yang plans to strive to reinforce YG's competitiveness by promoting stable activities of its artists and solidifying its cooperation with global partners," YG said. (Yonhap)