AMC Networks CEO exits after less than three months in role

# AMC Networks CEO exits after less than three months in role
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AMC Networks CEO exits after less than three months in role

Reuters

Nov 29 (Reuters) - AMC Networks’ (AMCX.O) Christina Spade has stepped down as chief executive officer, less than three months after taking over the role, sending the company’s shares down 5% on Tuesday.

The cable TV network, home to hit shows such as “Mad Men” and “The Walking Dead”, said in a regulatory filing that Sp*de was terminated “without ‘cause’ or resignation for ‘good reason’ basis,” and that she would receive “severance benefits payable in accordance with the terms of her employment agreement”.