After 10 years of working his way up through the ranks, Mike Quattrone is leaving his post as executive vice president and general manager of the Discovery Channel in the U.S. Quattrone’s decision to leave comes hot on the heels of an upper management shuffle at DCI and the company’s US$700 million private placement agreement. While Quattrone declined to comment, there has been some speculation that the chain of events are more than merely coincidental.
The only public statement from any Discovery insider came from Lynn McReynolds, Discovery’s senior VP of communications, who says, ‘He’s obviously well regarded here and throughout the industry, and it was really a personal decision on his part.’
Clark Bunting will replace Quattrone, who vacates his position at the end of March. Bunting moves over from Animal Planet, where he has served as executive VP and GM since the cable channel launched in 1996.
Quattrone’s wife, Kathy Quattrone, is executive VP and GM of the Discovery Health Channel.