Korea University Business School

SM Entertainment Holds 28th Annual General Meeting of Shareholders and the New Board Appoints Cheol-hyuk Jang as CEO

Retrieved on: 
Freitag, März 31, 2023

SEOUL, South Korea, March 31, 2023 /PRNewswire/ -- On Friday, SM Entertainment ("SM" or the "Company") (KRX:041510) announced that all agendas proposed by the Company's Board of Directors(BOD) were approved by its shareholders at the 28th Annual General Meeting of Shareholders(AGM) held at SM headquarter in Seongsu-dong, Seoul. With this, the foundation has been laid for implementing the SM 3.0 strategy, an essential element for the Company to move forward to a fan and shareholder-centered global entertainment company. 

Key Points: 
  • SEOUL, South Korea, March 31, 2023 /PRNewswire/ -- On Friday, SM Entertainment ("SM" or the "Company") (KRX:041510) announced that all agendas proposed by the Company's Board of Directors(BOD) were approved by its shareholders at the 28th Annual General Meeting of Shareholders(AGM) held at SM headquarter in Seongsu-dong, Seoul.
  • First, shareholders voted to approve the proposed cash dividend payment of KRW 1,200 per share as proposed.
  • Following the AGM, the new BOD called for Board of Directors meeting and appointed Inside Director Cheol-hyuk Jang as its new CEO.
  • Jang stated, "I feel a great responsibility to assume the position as a CEO when SM is about to take a big leap forward with SM 3.0."

SM Entertainment Holds 28th Annual General Meeting of Shareholders and the New Board Appoints Cheol-hyuk Jang as CEO

Retrieved on: 
Freitag, März 31, 2023

SEOUL, South Korea, March 31, 2023 /PRNewswire/ -- On Friday, SM Entertainment ("SM" or the "Company") (KRX:041510) announced that all agendas proposed by the Company's Board of Directors(BOD) were approved by its shareholders at the 28th Annual General Meeting of Shareholders(AGM) held at SM headquarter in Seongsu-dong, Seoul. With this, the foundation has been laid for implementing the SM 3.0 strategy, an essential element for the Company to move forward to a fan and shareholder-centered global entertainment company. 

Key Points: 
  • SEOUL, South Korea, March 31, 2023 /PRNewswire/ -- On Friday, SM Entertainment ("SM" or the "Company") (KRX:041510) announced that all agendas proposed by the Company's Board of Directors(BOD) were approved by its shareholders at the 28th Annual General Meeting of Shareholders(AGM) held at SM headquarter in Seongsu-dong, Seoul.
  • First, shareholders voted to approve the proposed cash dividend payment of KRW 1,200 per share as proposed.
  • Following the AGM, the new BOD called for Board of Directors meeting and appointed Inside Director Cheol-hyuk Jang as its new CEO.
  • Jang stated, "I feel a great responsibility to assume the position as a CEO when SM is about to take a big leap forward with SM 3.0."

Arc Accelerates U.S. Development; Signs Agreement to Acquire HR Technology and Education Technology Portfolios from LRP Media Group

Retrieved on: 
Donnerstag, Oktober 13, 2022

Arc, the global events, data, and media platform backed by investment funds managed by EagleTree Capital, announced today it has entered into an agreement to acquire a portfolio of event and related media assets serving the HR Technology (HR Tech) and Education Technology (Ed Tech) sectors from LRP Media Group.

Key Points: 
  • Arc, the global events, data, and media platform backed by investment funds managed by EagleTree Capital, announced today it has entered into an agreement to acquire a portfolio of event and related media assets serving the HR Technology (HR Tech) and Education Technology (Ed Tech) sectors from LRP Media Group.
  • Simon Foster, Group CEO of Arc, said, This is a major development for Arc.
  • JEGI CLARITY ( www.jegiclarity.com ), a pre-eminent M&A advisory firm for the media, marketing, information and technology industries, represented LRP Media Group in this transaction.
  • LRP Media Group, founded in 1977, is an innovative media giant serving millions of business and education professionals worldwide.

Higher Education Endowments Post Strong Returns During Pandemic But See Inflation As An Emerging Challenge

Retrieved on: 
Freitag, Februar 18, 2022

New gifting in FY21 increased significantly, rising 15 percent over FY20, with increases in gifting activity particularly strong among small and medium-sized endowments.

Key Points: 
  • New gifting in FY21 increased significantly, rising 15 percent over FY20, with increases in gifting activity particularly strong among small and medium-sized endowments.
  • "At NACUBO, we are heartened to see donors giving to priorities in areas critical to the mission and future of higher education," Johnston said.
  • Endowments generally maintain a historical 7.5 percent target return level, reflecting spending requirements, inflation expectations, and fees and expenses.
  • NACUBO works to advance the economic vitality, business practices, and support of higher education institutions in pursuit of their missions.