Michael Schwimmer, president and CEO of youth-centered, English-language Latinx entertainment brand Fuse Media, has resigned, effective April 12.
Schwimmer (pictured) has been with the company since 2003 as a member of its first board of directors when it was the start-up SíTV Media. He became CEO in 2005, overseeing its rebrand as NUVOtv in 2011 and spearheading the acquisition of Fuse from the Madison Square Garden Company in 2014, a move that led to the creation of Fuse Media.
Schwimmer’s next steps will be announced soon.
As a result of Schwimmer’s decision to depart the organization, Fuse COO and CFO Mike Roggero has been named interim CEO.
Roggero has overseen the company’s multiplatform operations, finance, legal, pricing and planning, and technology departments as COO and CFO. He is responsible for the company’s relationships with the investment and analyst community.
“I have spent nearly 16 years working closely with this incredible company, its board, executive team and some of the most talented people in media and entertainment, and am very proud of what we have built together,” said Schwimmer in a statement. “I am excited about what’s next, both for myself and with Fuse, and glad to know that the company is in the excellent hands of a strong executive team under the leadership of Mike Roggero — someone who has played a large role in setting Fuse up for future success.”
“Michael’s grit and determination over the years — often in the face of long odds — have been a key ingredient to our culture and our success,” added Roggero. “We’ll greatly miss his steady hand and sense of humor.”