The CEO of Big Hit Music, the agency for BTS and TXT, has been replaced from Shin Young-jae to Shin Seon-jung.
On November 26, Big Hit Music announced, "We have appointed GM Shin Seon-jung as the new CEO."
Shin Seon-jeong, the new CEO, joined Big Hit Entertainment, the predecessor of HYBE, in 2010 and contributed to the birth and early growth of the world-renowned artist BTS.
In particular, as the head of HYBE’s T&D (Training & Development) business office and GM, she led the advancement of the rookie development system, such as trainee selection and development and operation of education programs tailored to the characteristics of each HYBE label. Artists who debuted through the T&D program include BTS, Tomorrow x Together, Enhypen, Seraphim, and &TEAM.
Shin was named to the '2022 Billboard 40 Under 40', which honors young leaders under the age of 40 leading the global music industry, and to the '2023 Billboard Women in Music's MULTI SECTOR category, which recognizes female artists, creators, producers, and executives who have had a significant impact on the music industry.
With CEO Shin's appointment, Big Hit Music is expected to further strengthen its sustainable growth and competitiveness in the global music market. Based on his abundant experience and expertise in the industry, he will take the lead in stabilizing and improving the label's operation system and expanding new businesses.
CEO Shin Young-jae, who led Big Hit Music for four years since 2020, will focus on his role as the first CEO of HYBE MUSIC GROUP APAC, which oversees the domestic and Japanese multi-label business among the music business sectors.
HYBE explained, "HYBE Music Group APAC is a new organization established in August in accordance with HYBE's new growth strategy 'HYBE 2.0'. It focuses on strengthening strategies and processes necessary for label business growth and innovation, investing resources, and enhancing music service functions."