By Evan DeSimone
DEVELOPING STORY: Sources close to Maker Studios reported today that chief content officer Erin McPherson and SVP of marketing Jeremy Welt have been dismissed from their positions, signaling a leadership shakeup at the Disney-owned MCN. A Maker Studios rep declined to comment on personnel matters, but VideoInk has now confirmed the departures through multiple industry insiders.
McPherson joined Maker in 2013 prior to the company’s acquisition by The Walt Disney Company. She previously served as VP and head of video for web giant Yahoo. Jeremy Welt served as head of digital marketing for the MCN from 2011 to 2012 before joining Sean Combs Revolt TV. Welt returned to Maker in 2013, and served as SVP of marketing through through the Disney transition.
These are two of the highest profile exits from Maker’s leadership team since the ouster of founder Danny Zappin. This is also the first time since Disney took charge of the MCN that the executive team has undergone a significant reshuffling. Although the reason for the terminations is not clear, one source has suggested it may be related to Maker’s apparent failure to hit target goals within the Disney designated earn-out period.
Updated: Maker Studios reps have confirmed EVPs Bonnie Pan and Gabriel Lewis will assume McPherson’s workload as acting co-heads of programming, while Glenn Frese, currently VP of Marketing, will absorb Welt’s responsibilities on an interim basis.
Here’s a look back at McPherson’s portion of Maker Studios’ NewFront presentation back in April: