EXCLUSIVE: Jason Bergsman, a seasoned enterprise govt who helped Joe and Anthony Russo construct AGBO right into a formidable content material provider, will exit as the corporate’s CEO this fall.

Indications are that the parting of the way is amicable, and stems from a scarcity of alignment between AGBO’s present evolutionary stage and Bergsman’s longer-term profession pursuits. He has agreed to remain on for the subsequent 60 days.

AGBO has quite a lot of high-profile initiatives in movement and is coming off its highest-profile one to this point, The Gray Man, which is among the most-watched characteristic movies in Netflix historical past, in keeping with the corporate.

Before becoming a member of AGBO in 2020, Bergsman was a accomplice and founding member of The Chernin Group, the place he primarily centered on constructing, buying, and investing in digital media corporations. He served on the board of Crunchyroll and continues to be a board member at MeatEater, an outside life-style media and e-commerce firm he launched. Prior to TCG, Bergsman labored in enterprise improvement at NBC Universal, company strategic planning at Disney and funding banking at Goldman Sachs.

Below are two inside memos circulated to AGBO employees — one from the Russos and AGBO co-founder and vice chairman Mike Larocca; and the opposite from Bergsman.

Dear AGBO crew –

We wish to share some necessary organizational information. After having achieved so lots of the key targets he initiated since becoming a member of AGBO, Jason Bergsman has made the choice to depart the Company.

Since Jason joined as CEO in early 2020, we’re more than happy that AGBO has made nice progress throughout many fronts beneath Jason’s management. He has made vital contributions as we’ve continued constructing AGBO right into a well-capitalized, easily functioning, and uniquely positioned impartial leisure firm.

During his tenure, Jason led a rationalization of the Company’s strains of enterprise; labored with inventive management to craft our Universe-focused inventive technique that leverages AGBO’s distinctive in-house expertise; and pursued a enterprise technique that displays and helps this inventive positioning and the total potential of franchise-building.

Jason has additionally been integral to constructing out our glorious senior administration crew and placing the Company on robust monetary footing, having labored with key AGBO execs to steer AGBO’s financing and partnership association with Asian gaming large Nexon. As we now have shared beforehand, this partnership supplies AGBO each capital and an in depth two-way strategic relationship that integrates video video games firmly in AGBO’s future.

We are endlessly grateful for Jason’s strategic and working management—and the enduring profit his contributions may have on our crew, tradition, and the Company transferring ahead.

Jason is leaving in place a powerful crew of each long-term and not too long ago employed inventive leaders who’re extraordinarily properly suited to steer the Company going ahead. To guarantee a clean transition, Jason has agreed to stay as CEO for the subsequent 60 days and work carefully with Company management.

Thanks,

Joe, Anthony and Mike

***

AGBO colleagues:

First, thanks Joe and Anthony on your variety phrases right here and total, on your partnership and assist.

I’m tremendously happy with the work that we’ve all achieved collectively since I joined AGBO in early 2020. Beyond lots of the collective accomplishments Joe and Anthony so graciously cited, we’ve burnished AGBO’s well-deserved status and constructed a powerful basis for continued success within the years forward.

When I joined the corporate, I did so with nice confidence within the unparalleled capabilities of our AGBO crew and the prospect of aligning them to fulfill the calls for of a vibrant however altering market. But what I didn’t notice on day one was the extent to which I’d be so impressed and invigorated by the inventive vitality right here and the spirit of collaboration that programs all through all we do.

I’ve loved working with and studying from every of you. Though we’ve collectively achieved a lot, I’ve made the choice to maneuver on with the reassurance that there’s a lot extra to come back due to all of your valued contributions and the management of our unimaginable administration crew.

All the most effective,

Jason

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