MUMBAI: Viacom announced today that Judy McGrath is resigning from her position as chairman and chief executive officer of its MTV Networks division.
McGrath, who began her career with the company as a copywriter at MTV in 1981, was named chairman and CEO of MTV Networks in July 2004 The company has not yet announced her successor
McGrath said, "The people of MTV Networks have always been singularly important to me Together we have built world-class brands that connect with fans from kid to adulthood, from SpongeBob to Hot In Cleveland, from Unplugged to The Daily Show Creatively, financially, all the brands and businesses are in wonderful shape today I especially thank my friends and colleagues on the senior team, who will continue to lead a kick-ass organization They have my respect and affection, always."
Viacom President and CEO Philippe Dauman said, Judy has long been the creative heart and inspiring soul of MTV Networks and has deservedly been associated with so much of the great entertainment, cultural relevance, social significance and business success that have defined our media networks over the years Her positive and passionate spirit has helped create an organization that is recognized for truly listening to its audiences, not only about their entertainment choices, but also about the social issues and the causes that matter to them most....
With the departure of McGrath, the executives in charge of MTV Networks' operating units: MTVN Entertainment Group president Doug Herzog, MTVN Music & Logo Group president Van Toffler and Nickelodeon & MTVN Kids & Family Group president Cyma Zarghami will report directly to Dauman
During McGrath's time at the helm of MTVN, the company's portfolio of brands, including MTV, Nickelodeon, Comedy Central, TV Land, VH1, CMT and Spike, have become cultural landmarks.