Politico Loses Co-Founder, CEO And Chief Operating Officer

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Politico is losing Jim VandeHei, the co-founder and CEO, plus Mike Allen, the writer of Politico Playbook, plus Kim Kingsley, the chief operating officer, according to CNN.

According to the report:

The reasons for their departure stem from disagreements between VandeHei and Politico publisher Robert Allbritton over the direction of the company, the sources said. VandeHei, Allen, and Kingsley all did not respond to multiple requests for comment.

The departure also comes as Politico’s top editor Susan Glasser prepares to step down after the 2016 election. As CNNMoney previously reported, Glasser intends to move to Israel with her husband Peter Baker, who works at The New York Times and has been assigned to serve as Jerusalem bureau chief.

VandeHei, Allen and Kingsley are three of Politico’s most influential and veteran figures, and credited with Politico’s rapid rise to become one the most prominent news outlets in Washington. Allen, the author of the morning Playbook tip-sheet, was once labeled by The New York Times as “the man the White House wakes up to.”

Politico’s publisher, Robert Allbritton, tweeted out a statement at 8.15.



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