Sources: Wiatt exit likely, but not imminent
Former WMA CEO could take emeritus title at new agencyNow that WME Entertainment chairman Jim Wiatt orchestrated the merger between WMA and Endeavor, his next move is … to leave the company?
The answer is yes, according to published reports. Eventually.
According to sources, the 63-year-old Wiatt is not expected to exit the company anytime soon, but will head out the door within the next year.
While there are no details of what the next chapter of his career would be, it is likely he will take an emeritus title at the new agency. That move could free him up from day-to-day responsibilities but let him be as involved as he wants to be. Ari Emanuel, Patrick Whitesell and Dave Wirtschafter will be running WME, which still awaits regulatory approval.