{"id":77010,"date":"2024-03-27T18:04:09","date_gmt":"2024-03-27T22:04:09","guid":{"rendered":"https:\/\/www.cyberlego.com\/web\/2024\/03\/27\/sm-entertainment-names-tak-young-jun-co-ceo\/"},"modified":"2024-03-27T18:04:09","modified_gmt":"2024-03-27T22:04:09","slug":"sm-entertainment-names-tak-young-jun-co-ceo","status":"publish","type":"post","link":"https:\/\/www.cyberlego.com\/web\/2024\/03\/27\/sm-entertainment-names-tak-young-jun-co-ceo\/","title":{"rendered":"SM Entertainment Names Tak Young-jun\u00a0Co-CEO"},"content":{"rendered":"

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\n\tSM Entertainment, home to such K-pop stars as aespa <\/a>and RIIZE, promoted Tak Young-jun<\/strong> to co-CEO alongside existing CEO Jang Cheol-hyuk<\/strong>, the company announced Wednesday (March 27). Tak was also named executive director of the company\u2019s board.\u00a0<\/p>\n

\n\tTak, who joined SM Entertainment in 2005, has served as COO since May 2023. Prior to that, he was the head of SM Entertainment\u2019s singer management division from 2015 to 2020. He served as co-CEO and chief marketing officer from 2020 to 2021 and co-CEO and chief operating officer from 2021 to 2023.\u00a0<\/p>\n

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\t\t\t\t\t\t\"NCT127\"<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

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\t\t\t\t\tSM Entertainment Revenue Falls Despite Album Sales Surge From NCT 127, aespa\u00a0Releases\t\t<\/p>\n<\/h3><\/div>\n

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\n\tThe decision to raise Tak to co-CEO is SM Entertainment\u2019s latest move to restructure its corporate governance following a shake-up in 2023 during which Kakao Corp. and Kakao Entertainment took a 40% stake in the company. Following SM Entertainment\u2019s ouster of founder Soo-man Lee<\/strong> in 2022, the company named Jang<\/a> as CEO in March 2023 and overhauled its board of directors. The active inside directors were asked to step down without taking consecutive terms to take responsibility for Lee\u2019s mismanagement of the company. <\/p>\n

\n\t\u201cWe will establish a sound [and] transparent governance structure and faithfully implement the SM 3.0 strategy so that SM can become a fan-and shareholder-centered global entertainment leader,\u201d Jang said in a statement at the time of his appointment.\u00a0<\/p>\n

\n\tFollowing 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). A dividend of the same amount was approved at the 2023 general meeting.\u00a0<\/p>\n

\n\tSM Entertainment had revenue of 961 billion won ($736 million) in 2023, a 13% increase from 2022, while net income rose 20.4% to 98.8 billion won ($75.6 million). Following the investment by Kakao Corp. and Kakao Entertainment, SM Entertainment formed<\/a> a North American joint venture, Kakao Entertainment America, with Kakao Entertainment in August 2023 to speed its expansion in North America. \u00a0<\/p>\n<\/div>\n<\/div>\n

Aller \u00e0 la source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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). Tak was also named executive director of the company\u2019s board.\u00a0 Tak, who joined SM Entertainment in 2005, has served as COO since May 2023. Prior to that, he […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-77010","post","type-post","status-publish","format-standard","hentry","category-musique","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/77010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/comments?post=77010"}],"version-history":[{"count":0,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/77010\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/media?parent=77010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/categories?post=77010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/tags?post=77010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}