SM Founder Lee Soo Man to Resign as Director of Registrations

SM Founder Lee Soo Man to resign


On the 24th of February SM announced that in order to focus more on investments from overseas, new overseas business developments and artiste production, Lee Soo Man will resign as Director of Registrations.

A company representative said, “Lee Soo Man will no longer be engaged in business activity,”

He added, ” However, in order to strengthen his position as major shareholder, an additional 1.5% from Avex was retrieved.”

SM Founder Lee Soo Man to Resign as Director of Registrations

SM Founder Lee Soo Man to resign


On the 24th of February SM announced that in order to focus more on investments from overseas, new overseas business developments and artiste production, Lee Soo Man will resign as Director of Registrations.

A company representative said, “Lee Soo Man will no longer be engaged in business activity,”

He added, ” However, in order to strengthen his position as major shareholder, an additional 1.5% from Avex was retrieved.”