John Skipper Resigns as ESPN President, Citing Substance Addiction Problem

By Joe Flint 

John Skipper, president of Walt Disney Co.'s ESPN and co-chairman of its Disney Media Networks unit, has resigned, citing substance-abuse issues, the network said Monday.

ESPN said George Bodenheimer, Mr. Skipper's predecessor as head of ESPN, would return to the company as acting chairman for three months while a search for a permanent successor is competed.

"I have struggled for many years with a substance addiction. I have decided that the most important thing I can do right now is to take care of my problem," Mr. Skipper said in a statement. "I have disclosed that decision to the company, and we mutually agreed that it was appropriate that I resign."

Robert Iger, chief executive of ESPN-majority owner Disney, said in a statement that he wished Mr. Skipper well "during this challenging time" and expressed thanks to Mr. Bodenheimer for returning to stabilize ESPN while a new leader is found.

The leadership transition is happening at a pivotal moment for ESPN, which is trying to calibrate its long-profitable TV business for a media environment when more consumers are cutting back on cable TV subscriptions.

It also comes as Disney has a pending $52.4 billion acquisition of assets from 21st Century Fox -- a deal announced just last week. One key feature of that deal would be Disney's taking on of Fox's regional sports networks, which would likely have to be integrated with ESPN.

Write to Joe Flint at [e-mail]

(END) Dow Jones Newswires

December 18, 2017 12:01 ET (17:01 GMT)

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