Scott Flanders Exits Playboy Enterprises
Many changes have occurred at Playboy lately. The big shocking news was that the magazine went non-nude. This has been widely discussed and analyzed as a bad move while others have applauded the new direction.
And now, CEO Scott Flanders exits Playboy Enterprises right in the middle of the new great direction he championed.
It seems a bit strange to us but it isn’t entirely shocking. Let’s just hope that he is not bailing from a sinking ship (as history usually repeats itself). Just when things were starting to get more interesting, Ben Kohn, managing partner at Rizvi Traverse, the private equity firm that holds a majority stake in Playboy, has been appointed interim CEO.
“Playboy Enterprises, Inc., announced today that Ben Kohn, Managing Partner at Rizvi Traverse, the private equity firm that holds a majority stake in Playboy, has been appointed interim CEO of the company. The move follows the exit of Scott Flanders who has been named Chief Executive Officer of eHealth, Inc., the country’s first and largest private health insurance exchange.”
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The new so-called Playboy is a complete and utter disaster. Everyone knows it. Lousy quality. Crap photography. Scott is absolutely getting off the titanic before it finally goes under.