October 22, 2008 / 7:23 AM / 10 years ago

Top executives quit Weinsteins' struggling studio

NEW YORK (Hollywood Reporter) - With little fanfare, several top executives are leaving the Weinstein Co., just as the indie studio gears up for awards season with hopefuls such as “Vicki Cristina Barcelona” and “The Reader.”

Harvey Weinstein, co-chairman of The Weinstein Co., poses at the premiere of Woody Allen's new film "Vicky Cristina Barcelona" in Los Angeles August 4, 2008. REUTERS/Fred Prouser

The company, which has struggled at the box office since it was launched in 2005 by Miramax Films founders Bob and Harvey Weinstein, will soon find itself without heads of production and acquisitions, and there are no imminent replacements for their positions.

Two executives quietly left three weeks ago with no follow-up jobs in place after declining to extend their contracts. Michelle Krumm and Maeva Gatineau, executive vps/co-heads of acquisitions and production, had spent more than 11 years working for the Weinsteins, beginning at Miramax.

Production president Michael Cole and senior vp production Carla Gardini, both eight-year veterans, will be following suit in the next few weeks. Cole said he plans to take a year off on a surfing trip. Executive vp marketing Gary Faber is expected to depart by the end of the year.

“In all businesses there are always comings and goings,” Harvey Weinstein said. “We’re always looking for great talent and new people to work with who end up teaching me all of the time.”

Woody Allen’s “Vicki Cristina Barcelona” has received commercial and critical acclaim since its release two months ago. Director Stephen Daldry’s “The Reader,” starring Kate Winslet and Ralph Fiennes, opens December 10.

Reuters/Hollywood Reporter

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