CJ's Lee Mie-kyung Becomes Vice Chair of Oscars Museum

CJ Group vice chairwoman Lee Mie-kyung, also known as Miky Lee, has been elected as vice chair of the board of trustees of the Academy Museum of Motion Pictures in the U.S.

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The board of the new museum, which opens next year, chose Netflix Co-CEO Ted Sarandos as its chairman on Tuesday.

The museum will house the permanent collection of the Academy of Motion Picture Arts and Sciences, which awards the Oscars.

Lee joined the board last November and will oversee the museum's policies and finances as well as helping operate exhibitions and film screenings.

Trustees include actors Tom Hanks and Laura Dern, Dolby Family Ventures CEO David Dolby, and AMPAS CEO Dawn Hudson.

Lee is considered the driving force behind the huge success of director Bong Joon-ho's "Parasite" as she was involved in the whole process from production and distribution to lobbying academy members.

CJ spent W10 billion on advertising the film around the world. "Parasite" swept the Academy Awards early this year as well as numerous international film awards including the Cannes Film Festival.

CJ also financed and distributed Bong's other films including "Memories of Murder", "Mother - 2009" and "Snowpiercer".

Business magazine Fortune said Lee "has a track record of supporting artists, particularly Korean actors who have crossed powerful interests at home".