Harvey Weinstein has been terminated as co-chairman of The Weinstein Company. The move comes in the wake of the New York Times report this past Thursday in which detailed sexual harassment claims spanning decades on the part of the mogul.
Subsequent and even more damning allegations occurred over the weekend, most notably a TV news reporter relaying her story about him cornering her in a hallway and masturbating and ejaculating into a potted plant in front of her at a New York restaurant.
The TWC board first held a meeting Thursday night, during which Weinstein pled his case. On Friday and then Sunday afternoon, the board reconvened with the latter meeting leading to the decision to remove him from his namesake company.
Since The Times report, three members of the all-male board of The Weinstein Company have now resigned. In an official statement by the four remaining members of the board, the company says:
“In light of new information about misconduct by Harvey Weinstein that has emerged in the past few days…the directors of The Weinstein Company – Robert Weinstein, Lance Maerov, Richard Koenigsberg and Tarak Ben Ammar – have determined, and have informed Harvey Weinstein, that his employment with The Weinstein Company is terminated, effective immediately.”
TWC is now being run by his brother and TWC co-chairman Bob Weinstein alongside president/COO David Glasser.