Disgraced US mogul on leave
HARVEY Weinstein will take an “indefinite” leave of absence from the Weinstein Company, the board has announced.
The board has also retained John Kiernan, of Debevoise & Plimpton LLP, to conduct an independent investigation of sexual harassment allegations following the New York Times’ bombshell report last week.
“We strongly endorse Harvey Weinstein’s already-announced decision to take an indefinite leave of absence from the company, commencing today,” the board said in a statement.
“As Harvey has said, it is important for him to get professional help for the problems he has acknowledged.
“Next steps will depend on Harvey’s therapeutic progress, the outcome of the board’s independent investigation, and Harvey’s own personal decisions.”
Co-chairman Bob Weinstein and chief operating officer David Glasser will run the company in Weinstein’s absence.
The New York Times reported last week that Weinstein has over the years reached at least eight legal settlements with women over alleged harassment.
The article chronicled allegations against Weinstein from actor Ashley Judd and former employees at both the Weinstein Co and Weinstein’s former company, Miramax.