As of Thursday, Gareb Shamus, the president and CEO of Wizard World, Inc. is no longer with the company.
On his blog, Shamus wrote
I hereby resign my positions as president, chief executive officer and director of Wizard World, Inc. effective immediately. The resignation is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
Wizard World magazine launched in 1991 and lasted ten years before being shut down in print form earlier this year. The magazine then switched to a digital only format that appeared on the iPad, but it has not been updated since the end of October.
Since Wizard World, Inc. is a publicly traded, the notice had to be filed with the SEC.
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Departure of Directors or Certain Officers
Pursuant to a letter of resignation dated December 1, 2011 (the “Resignation Letter”), Mr. Gareb Shamus resigned his positions as President, Chief Executive Officer and Director of the Company. Mr. Michael Mathews, Chairman, will serve as the Company’s Interim Executive Chairman and oversee the Company’s day to day operations until the Board of Directors (the “Board”) has identified a new Chief Executive Officer. The Board will immediately commence the search for a new Chief Executive Officer and anticipates completing its search no later than January 15, 2012. Mr. Shamus’ resignation is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
The letter of resignation was also included in the filing.
December 1, 2011
Board of Directors
Wizard World, Inc.
Gentlemen:
I hereby resign my positions as President, Chief Executive Officer and Director of Wizard World, Inc. (the “Company”) effective immediately. The resignation is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.Sincerely,
/s/Gareb Shamus
Gareb Shamus
What does this mean for Wizard and Wizard World? Who will replace Shamus?
3 Comments
There’s a great gutters comic about him. Reading between the lines from posts on that site, Shamus went after the artist of the comic, Sohmer took the comic down, and had someone else re-draw it, then put up a blistering yet anonymously worded post about it on today’s comic. But that’s all conjecture and reading between the panels.
That’s pretty much confirmed as a true story.
1991 +10 yrs = 2001