It sounds like Jerry Rosen has had enough of RMG Networks. He left last week, after almost a year ‘in charge of EMEA’ after good guy CEO Bob Michelson was booted out almost a year ago today (Bob ran the whole global business in ‘name only’ from October 2018 to January 2019 until his contract expired).
Jerry joined RMG Networks as senior vice- president, global chief marketing and creative officer in June 2016 and for the last year, attempted to run what was left of their international business from Dallas (there are five or less employees in the UK these days).
Hemanth Parasuram, Co-Founder and Managing Director of Virgo Capital who acquired the business last year has fancied himself as a CEO for some time. There’s not much to say here, apart from the fact that the business is crumbling around him and likely has absolutely no where to go.