LOS ANGELES — Evil Angel announced today that Chief Financial Officer Adam Grayson is leaving the company to pursue new career opportunities.
Grayson will continue to serve as a consultant in the near term, the studio said.
"The universe is a big place and it's filled with many opportunities and I've been here for 10 years this month, and it seemed like it was the right time," Grayson told XBIZ today on why he's departing the studio.
Evil Angel founder John Stagliano will be taking over day-to-day operations, with the help of Chief Commercial Officer Magalie Rheault, Senior Vice President of Sales & Marketing Alexandra Kelley and Vice President of Product Chris Gentile.
“Evil Angel will continue its long tradition of treating creative and business partners with integrity while upholding our standard of edgy, artistic, real sex,” the studio said.
Grayson joined Evil Angel in 2008 to help lead the financial and technology side of Evil Angel.
Grayson was handpicked by the late Evil Angel general manager, Christian Mann, initially as an interim replacement for the head of its online operation, after selling SearchExtreme.com, which he ran for about 12 years.
On his first day at work, Grayson received word that he was accepted into the UCLA Anderson School of Management. He later earned an MBA, which later would help him guide the company with prudent decision-making.
Right out of the gate, Grayson helped transition operations of the studio’s websites to Gamma Entertainment and had a hand in repositioning the brand during the Great Recession.
“During the global financial crisis, Evil Angel was forced to grow up, which was, in retrospect, probably the best thing that could have happened to us,” Grayson said at the 2018 XBIZ Show during an "XBIZ Talk."
“No one likes to talk about change; I, however, like to call it ‘disruption,” said Grayson, who explained how Stagliano, too, knows about “disruption.”
“His first disruption was his ownership model,” Grayson said. “He believed deeply that the person who is holding the camera should own the content. And that became successful for John. And soon after other directors came calling.”
