Friday, May 15, 2009

CEO Douglas Glen resigns from Imagi

As reported by Variety, Douglas Glen, the CEO and chairman of Hong Kong based animation studio Imagi, is stepping down from his post. Board member William Courtauld has become the acting CEO, and a search has begun to find a full replacement. Mr. Glen will remain at Imagi in a consulting role for the next 6 months, and the day to day operations at Imagi should not be effected.

Please join me in thanking Douglas Glen for his contributions to Imagi and their upcoming animated Astro Boy movie, and in wishing him all the best in his future endeavors.

The image to the right comes from this article about TMNT, which is still an interesting read even 2 years after its release. I've also tracked down this article about the Asian film industry that has quotes from Mr. Glen about Imagi.

You can read the full details over Douglas Glen's resignation on Variety or by clicking the link below for an archived version right here.

Imagi topper ankles
Douglas Glen exits post

Douglas Glen, the chairman and CEO of Hong Kong-based Imagi Intl. Holdings Ltd., has resigned.

In an announcement Sunday, Imagi said it's begun a search for Glen's replacement and that board member William Courtauld has become acting CEO.

Glen joined Imagi in late 2006. Most recently, he oversaw the studio's "Astro Boy," which will be released in October. Imagi said Glen will continue in a consultancy capacity for six months.

Imagi chair Richard Witts said the change will not impact the studio's day-to-day operations. Courtauld said there's a strong pipeline of CG projects in development, including "Gatchaman."

Imagi temporarily suspended "Astro Boy" production in January but resumed in February after completing financing of $25 million.

Pic is helmed by David Bowers. Summit's distributing in the U.S.