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SM Entertainment Names Tak Young-jun Co-CEO
K-pop agency SM Entertainment named Tak Young-jun co-CEO alongside existing CEO Jang Cheol-hyuk. SM is home to artists including aespa and RIIZE.
SM Entertainment, home to such K-pop stars as aespa and RIIZE, promoted Tak Young-jun to co-CEO alongside existing CEO Jang Cheol-hyuk, the company announced Wednesday (March 27). Following SM Entertainment’s ouster of founder Soo-man Lee in 2022, the company named Jang as CEO in March 2023 and overhauled its board of directors. Following its annual general meeting of shareholders on Wednesday, SM Entertainment also announced a 1,200-won ($0.89) per-share dividend totaling 28.1 billion won ($20.8 million).
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