“We are doing this to ensure minimal disruption to the day-to-day operations of the studio and to provide the time we need to conduct a thorough search to find the best candidate to lead this incredible and storied business to its next chapter of growth and success,” Stankey wrote in a memo to staff. “Our creative and business partners deserve this. Our company — and you — deserve no less.”

Source: Los Angeles Times March 20, 2019 00:10 UTC