News Imagi CEO Douglas Glen Resigns
posted on 2009-05-11 14:56 EDT
Douglas Glen has resigned as the chairman and CEO of Imagi International Holdings Limited, the production company behind the computer-animated film remake of Osamu Tezuka's Astro Boy manga. While the company is searching for a new head, board member William Courtauld will serve as acting CEO. Glen himself will serve as a consultant for the next six months, which will include the planned October opening of Astro Boy in North America.
Richard Witts, the chairman of Imagi's board of directors, asserts that "the change will not impact the studioʼs day-to-day operations" on Astro Boy or Imagi's next anime/manga-based remake, Gatchaman. Andrew Kopperud will serve as the company's new Chief Operating Officer from Los Angeles.
Imagi had to temporarily halt its Astro Boy production in January because US$20 million in financing fell through late last year, and the replacement funds did not arrive until February. The company did receive bridge funding in January to allow it to resume production until the replacement funds arrived.