Relativity president Tucker Tooley is in discussions to replace David Glasser as the top executive reporting to Harvey and Bob Weinstein at the Weinstein Company, individuals familiar with the situation have told TheWrap.
Tooley, who was named in court papers as a key executive needed to assist through Relativity’s bankruptcy, has been offered Glasser’s position, though it’s unclear whether he’d inherit the same title of president/COO.
Relativity had no comment, though a source close to the company told TheWrap that “Tucker is committed to staying with Relativity through the completion of the sale process,” which is expected to wrap up by October 20.
Glasser decided to step down from his post on July 30, though he plans to remain at TWC through November. He has been instrumental in identifying potential successors, with former Participant Media COO Jeff Ivers also mentioned as possible replacement.
Glasser was open to remaining at TWC but his contract was up and negotiations for him to stay at the company broke down. He was instrumental in TWC’s recent success, which included back-to-back Oscar wins for “The Artist” and “The King’s Speech.” The company also received Best Picture nominations for “Silver Linings Playbook” and “The Imitation Game.”
The Weinstein Company’s upcoming awards season slate includes Quentin Tarantino‘s “The Hateful Eight,” Todd Haynes‘ “Carol” starring Cate Blanchett and Rooney Mara, and John Wells‘ “Burnt” starring Bradley Cooper.[Sharon Waxman contributed to this report.]