Seungri has stepped down as the CEO of Yuri Holdings.
The company was originally founded under Seungri's name, but in 2016 changed to Yuri Holdings after a Mr. Yu joined the company and they became joint-CEOs. As planned for Seungri's enlistment, he stepped down from the position on the 13th, and Mr. Yu will be the only CEO of the company for now.
However, some are pointing out that Yuri Holdings is heavily affiliated with Burning Sun, so Seungri may just be trying to cut ties with the company. Currently, Mr. Ji, who is Seungri's manager, is still the auditor for the company.