Exec Shuffle

Posted: Sun., May. 10, 2009, 5:22pm PT

Imagi topper ankles

Douglas Glen exits post

Douglas Glen, the chairman and CEO of Hong Kong-based Imagi Intl. Holdings Ltd., has resigned.

In an announcement Sunday, Imagi said it's begun a search for Glen's replacement and that board member William Courtauld has become acting CEO.

Glen joined Imagi in late 2006. Most recently, he oversaw the studio's "Astro Boy," which will be released in October. Imagi said Glen will continue in a consultancy capacity for six months.

Imagi chair Richard Witts said the change will not impact the studio's day-to-day operations. Courtauld said there's a strong pipeline of CG projects in development, including "Gatchaman."

Imagi temporarily suspended "Astro Boy" production in January but resumed in February after completing financing of $25 million.

Pic is helmed by David Bowers. Summit's distributing in the U.S.

Contact Dave McNary at dave.mcnary@variety.com

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