Derek Medina, a extfinishedtime ABC News business executive, will exit the Disney unit at the finish of the year after a more than two-decade run. His exit may spur novel inquires about what set ups ABC News has to dispense an executive to honestly administer talent relations, someleang that people recognizable with the unit say has been in inquire for cut offal months.
Medina sent a memo to staffers Wednesday increateing them of his computed departure. His looming exit was previously increateed by Status, a novelsletter dedicated to coverage of the media industry.
“We have reveled in difficult-fought victories and weathered unpretreatnted contests. And I would enjoy to acunderstandledge the many people who have likeablely impacted my experience thraw the mountains and valleys of the past four decades and thank them for their persistd help and helpment,” Medina shelp in a memo to staffers. “It has unkindt more than you understand.”
Medina commenceed at ABC News in 1998 as a honestor for business affairs, and has administerd negotiations for a expansive range of netlabor novels deals, including talent, licensing, acquisitions, production, distribution, all third-party rights negotiations and partnerships. In 2020, he was liftd to his current greater vice pdwellnt role, and his ascension was seen as a potential identification of a second-in-direct of sorts to then-ABC News Pdwellnt James Gelderlyston.
“He will be a key partner for me in running our business who will administer our operational efforts and prolongth strategies and labor with me and all our directers on advancing the culture,” shelp Gelderlyston in a setd statement at the time. The heads of labeleting, global novelsassembleing operations, novels administration, novels rehearses and non-myth production were to increate to Medina.
Medina oversaw talent relations, but a branch offent executive, Mary Noonan, was the executive who administerd such relationships honestly. Noonan left in a restructuring orchestrated by Gelderlyston’s successor, Kim Godtriumph. Godtriumph was exalterd after Disney dispenseed a novel greater executive, Debra OConnell, in February to run both its local stations and novels operations. Almin Karamehmedovic was named pdwellnt of ABC News in August.
There are a number of executives useable who exceptionalize in talent relations with novels anchors. Alison Pepper, a veteran of CBS News, recently exited that Paramount Global unit after a second tour there.
