Like those teenagers who aren't sure what they want to do in college, IDW Publishing CEO/Co-Founder Ted Adams is taking a gap year to find himself before returning to the publishing company he founded. After "finding himself in Europe," Adams will take on a new creative role at the publisher.
In his stead, board member Kerry McCluggage is stepping into the CEO role. McCluggage joined the board of IDW in November 2017, and is a longtime television executive who helped launch the UPN Network, best known for shows including Amish in the City and Star Trek: Enterprise.
"As chairman of Paramount TV, Kerry grew that operation from $700 million to $3.2 billion in just over a decade, making it one of the world's leading television production companies," said IDW chairman Howard Jonas in a statement. "His leadership abilities and keen understanding of the entertainment industry have also enabled him to achieve success with his own film and television production company Craftsman Films. Similarly, his contributions as a member of the IDW board of directors have provided him with beneficial insights necessary to continue IDW's story of success as the company seeks to expand upon its business model."
This is Adams' second move in recent memory, with his shift to CEO from Publisher last November as IDW Publishing's President Greg Goldstein promoted Greg Goldstein to Publisher.