MindGeek’s CEO Feras Antoon and COO David Tassillo have resigned. At this time nobody knows the real reasons why, but this isn’t something that just happens overnight. So despite rumors that this has something to do with a past New Yorker article is simply not true. In fact, by their own statement, you can see this has been in the works since early this year.

In a statement to Variety, a company representative said, “Antoon and Tassillo leave MindGeek’s day-to-day operations after more than a decade in leadership positions with the company.

With the company strategically positioned for long-term growth, MindGeek’s executive leadership team will run day-to-day operations on an interim basis, with a search underway for replacements.” The rep added that the leadership transition has been in the works since early 2022. Antoon and Tassillo will remain shareholders in MindGeek.

MindGeek, which has about 1,600 employees, lists its headquarters in Luxembourg but its main office is in Montreal.  It owns many of the industry’s most popular websites Pornhub, Brazzers, Reality Kings, Digital Playground, Babes.com, and many more.

According to MindGeek, it is now beginning to “invest deeply in expanding creator-first offerings” as well as additional “opportunities for content monetization.” The company says it currently provides hundreds of thousands of models “with the opportunity to earn a living” and is seeking to “massively expand” the number of talent it works with.