Post by Vallus on Jan 19, 2006 22:04:40 GMT
After founding The Source over 18 years ago, David Mays and longtime president/artist Raymond "Benzino" Scott have been sent packing by the magazine's new board of directors.
As previously reported, the duo went to court last week to obtain a temporary restraining order to prevent being ousted by the board.
According to the New York Post, that order has now been lifted and a majority of board members have voted to fire Mays and Scott. They have been replaced by former Source chief operating officer Jeremy Miller, who will now serve as the new chief executive.
Miller, who resigned from his position as chief operating officer at The Source in 2004, worked at the magazine for 14 years before leaving to start his own publication Down, which was dedicated to Southern hip-hop and culture. Four out of six members of the board agreed that it was in the magazine's best interest to replace Mays and Scott with Miller.
In the last year and a half, The Source has been plagued with problems, ranging from defaulting on an $18 million loan to a prominent sexual harassment lawsuit filed by fomer employees Kim Osorio and Michelle Joyce.
As previously reported, the duo went to court last week to obtain a temporary restraining order to prevent being ousted by the board.
According to the New York Post, that order has now been lifted and a majority of board members have voted to fire Mays and Scott. They have been replaced by former Source chief operating officer Jeremy Miller, who will now serve as the new chief executive.
Miller, who resigned from his position as chief operating officer at The Source in 2004, worked at the magazine for 14 years before leaving to start his own publication Down, which was dedicated to Southern hip-hop and culture. Four out of six members of the board agreed that it was in the magazine's best interest to replace Mays and Scott with Miller.
In the last year and a half, The Source has been plagued with problems, ranging from defaulting on an $18 million loan to a prominent sexual harassment lawsuit filed by fomer employees Kim Osorio and Michelle Joyce.