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Harvey Weinstein formally resigned his post at The Weinstein Company on Tuesday, following a showdown with the surviving members of his board of directors.
Weinstein was expected to mount an aggressive defense to hang onto his position in the company but unexpectedly backed down, an individual familiar with the meeting told TheWrap.
Weinstein called into the meeting from a treatment facility in Arizona. He was represented by his civil attorney Patty Glaser. Harvey’s spokespeople declined to comment on the matter.
The Weinstein Company board consists of Co-Founder Bob Weinstein, media executive Lance Maerov and international film distributor Tarak Ben Ammar.
Since the publication of two explosive reports containing accusations of sexual assault and misconduct spanning decades, the TWC board has lost four members: Marc Lasry, Paul Tudor Jones, Dirk Ziff and Tim Sarnoff.
Top legal advisors like Lisa Bloom, Charles Harder and Lanny Davis have likewise departed Team Harvey in the still-escalating scandal.
Reports of tension between Harvey and the board had been leaking everywhere since his mid-October termination as CEO
More to come…