Harvey Weinstein, the disgraced co-founder and co-CEO of The Weinstein Company, has been fired effective immediately, his board of directors said on Sunday.
“In light of new information about misconduct by Harvey Weinstein that has emerged in the past few days, the directors of The Weinstein Company – Robert Weinstein, Lance Maerov, Richard Koenigsberg and Tarak Ben Ammar – have determined, and have informed Harvey Weinstein, that his employment with The Weinstein Company is terminated, effective immediately,” the statement read.
Weinstein’s older brother, Bob, will remain as CEO of the company. David Glasser is also expected to continue as COO and president.
The company has been under intense pressure since The New York Times broke an investigative story on Thursday detailing three decades of sexual misconduct, including accusations that he propositioned actresses and harassed female employees.
More ugly stories continued to dribble out over the weekend, including a vulgar report by a news anchor that Weinstein masturbated in front of her and other stories of inappropriate propositions.
Internally, Weinstein continued to fight for his survival, insiders have told TheWrap. His advisers — including his brother, Bob — told him that he needed to take the allegations seriously and not merely pay lip service. They urged him to leave for six months and get treatment for sex addiction or whatever his unacceptable behavior would be designated.https://archive.fo/keu5h
In the wake of the Times bombshell report, three of the nine members of The Weinstein Company board — including billionaire publishing heir Dirk Ziff, Milwaukee Bucks co-owner Marc Lasry, and Technicolor Deputy CEO Tim Sarnoff — resigned.
“I admit to a whole way of behavior that is not good. I can’t talk specifics, but I put myself in positions that were stupid, I want to respect women and do things better,” Weinstein said, vowing to change.
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