Amid an Executive Exodus, Weinstein Company Issues a Round of Promotions
With COO David Glasser and Radius' Tom Quinn and Jason Janego leaving, TWC is shoring up its ranks.
The Weinstein Company, which has been hit by an exodus of top-level executives, is moving to shore up its ranks by promoting a number of its remaining execs to new posts.
Just a week ago, David Glasser, the company’s longtime COO and Harvey Weinstein’s right-hand man, announced he had decided to leave the company, and this week Tom Quinn and Jason Janego, who have headed up Radius, TWC’s boutique distribution label, left as well to start a new distribution company of their own.
While TWC says it is currently interviewing candidates to step into Glasser’s shoes when he formally leaves the company in November, it also has had several other positions in the company that had been sitting unfilled for some time: Over the past ten months, TWC has lost marketing president Stephen Bruno, who exited for a post at Netflix, as well as president of production and acquisitions Dylan Sellers and president of television Meryl Poster.
In an interview with The New York Times in which he laid out the new executive roster, Weinstein described the recent departures as a personal loss, but he insisted the company remained strong financially, saying, "The irony of all these changes is that the company is in its best place financially."
To begin to fill the open positions, TWC is promoting Francois Martin, who had been serving as a senior vp marketing, to president of global marketing. He will be joined by Ryan Brasno, who will be involved in creative advertising. Jamie Schwartz will tend to international marketing.
Erik Lomis, president for theatrical distribution and home entertainment, will continue to oversee film distribution.
Dan Guando, who has been an exec vp acquisitions, production and development, will head up American film production, while Negeen Yazdi, who has been serving as president of international production, will oversee acquisitions and production from London.
Robert Walak, president and managing director Europe for production, acquisitions and television, oversees TV acquisitions.
TWC has beefed up its TV unit, but just over two months ago, a proposed deal for U.K. TV giant ITV to acquire TWC's TV business for as much as $950 million fell apart when ITV backed out.
Meanwhile, TWC will be gearing up for the upcoming awards season in which it will be fielding Todd Haynes' Carol, a period drama in which Cate Blanchett and Rooney Mara play two women who fall in love, as well as Quentin Tarantino's newest neo-Western The Hateful Eight.
A TWC rep did not respond to requests for comment.