Turner Management Shakeup Claims a Casualty LA Times
A key executive at Turner appears to be a casualty of a management shakeup at the media company. The Los Angeles Times’ Company Town reports that Turner Animation President Stu Snyder is headed out the door at the Time Warner unit.
Snyder has run the unit for six years, overseeing Turner’s animation work along with Cartoon Network, Boomerang and Adult Swim. Snyder said he’s leaving at the end of March, according to the report.
“Snyder's departure comes in the wake of a new management regime taking the reins at Turner. In January, John Martin was promoted from chief financial officer of Time Warner to chief executive of Turner. As part of the restructuring, David Levy, Turner's head of sales and distribution, was named president,” the story notes.
The report adds: “Tensions between Snyder and Levy led to the former's decision to resign, a person familiar with the matter said who requested anonymity because of the sensitivity of the situation.”
A replacement for Snyder hasn’t been named.