~ Appoints Tan Chin Hwee as Executive Chairman and Interim CEO Providing Leadership Expertise and a Track Record of Driving Global Growth Strategies ~
SEOUL, South Korea and NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- K Enter Holdings Inc. (“K Enter”), a Delaware corporation with contracts to acquire controlling equity interests in six diversified entertainment operating companies based in Korea and engaged in the entertainment content, IP creation, merchandising and entertainment investment businesses, today announced K Enter’s board of directors has unanimously appointed current director Tan Chin Hwee as Executive Chairman and Interim CEO of K Enter. As K Enter’s Executive Chairman, Mr. Tan is the highest-ranking executive officer within K Enter and will assume oversight and control over K Enter’s executive officers as well as K Enter’s business operations and future business strategy. Mr. Tan’s term as Executive Chairman and Interim CEO is for a period of six (6) months, subject to a six (6) month extension, during which K Enter will seek to engage a permanent CEO. The appointment of Tan Chin Hwee as Executive Chairman and Interim CEO, follows Young Jae (Dale) Lee’s voluntary resignation from his position as K Enter’s CEO to focus on his position as Head of the Investment Division of Solaire Partners LLC. There were no disagreements that led to Mr. Lee’s resignation and Mr. Lee will continue to be a director of K Enter.
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