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Disney Interactive Media president resigns

Steve Wadsworth, head of Disney's Interactive Media Group -- better known to us as "the guy in charge of Disney's video game arm" -- has stepped down. According to a New York Times report, Wadsworth issued a late-night missive to his staff last Thursday announcing his resignation. "I have been thinking about this for quite some time, and while it is difficult to leave a great company, an exciting business and a wonderful group of people, my desire and excitement to pursue other opportunities is too great to ignore."

Disney confirmed the news and offered an official statement from Wadsworth: "While there is never a good time to leave a great role at a great company, for many reasons now is the right time for me to move on. I am extremely proud of the huge progress we've made at Disney Interactive Media Group, and am confident that the business is well-positioned for continued significant growth." The split appears to be amicable, with Disney CEO Robert Iger offering only kind words about Wadsworth (found in full after the break).

The NYT also heard from "people with knowledge of the matter" that a replacement should be revealed "shortly," with Playdom head John Pleasants allegedly being eyed for the position (a social game developer that Disney acquired earlier this year).

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For Immediate Release
September 23, 2010

Statement on the Resignation of DIMG President Steve Wadsworth

Steve Wadsworth, president Disney Interactive Media Group, today announced his resignation. In a statement, Wadsworth said "while there is never a good time to leave a great role at a great company, for many reasons now is the right time for me to move on. I am extremely proud of the huge progress we've made at Disney Interactive Media Group, and am confident that the business is well-positioned for continued significant growth." A successor to Mr. Wadsworth will be announced shortly.

"During his long tenure, Steve has transformed our Disney digital business in a rapidly changing landscape," said Disney President and CEO Robert A. Iger. "I've been fortunate to work with Steve for many years and am thankful for his dedication and countless contributions to our company. He leaves with only our best wishes for continued success in whatever challenge he takes on next."

Wadsworth biography: http://corporate.disney.go.com/corporate/bios/steve_wadsworth.html