IMG Letter Removed Mike Ovitz From Board

Michael Ovitz And IMG World And Teddy Forstmann’s Brain Cancer: The Real Story, And Also What Ovitz Told Me About It

There will be no formal announcement because IMG desperately wants all the damaging talk to quiet down. So the unsavory Michael Ovitz situation was handled in private this week with a formal IMG letter removing him from owner Teddy Forstmann’s advisory board. (One insider tells me that three other board members who backed Ovitz’s alleged takeover attempt were removed as well. But I have no additional confirmation so won’t go into detail.) Thus ignobly ends yet another of Ovitz’s longest personal and professional relationships after he was accused of maneuvering to run and/or own the global management and production giant while 71-year-old Teddy battled brain cancer. (more…)

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