$AMC CEO RESIGNATION
AMC Networks CEO Josh Sapan Steps Down After 26-Year Run; Ex-Showtime Chief Matt Blank Takes Top Job In Interim
AMC Networks is undergoing a significant changing of the guard, as CEO Josh Sapan has announced he will step down after a 26-year run in the corner office.
Former Showtime chief Matt Blank will take over on an interim basis, in a one-year appointment designed to maintain stability during a search for a permanent CEO. Sapan will become executive vice chair of the company as of September 8.
The move by Sapan, 70, is a milestone but not entirely a surprise. When he re-upped as CEO in late 2020, his contract included an option to transition to executive vice chairman.
https://deadline.com/2021/08/amc-networks-ceo-josh-sapan-steps-down-after-26-year-run-ex-showtime-chief-matt-blank-1234820766/