Elite XC's Gary Shaw and Doug DeLuca resign and become consultants

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MMAcca
7/30/08 1:19:50AM
Two of the original Elite XC head honchos have called it quits before the mixed martial arts promotion could celebrate its two-year anniversary.

According to a filing with the United States Securities and Exchange Commission, Elite XC Live Events President Gary Shaw and former Chief Executive Officer, Doug DeLuca, have resigned from their respective posts, but will remain with the company as “consultants.”

There has been speculation swirling about the demise of Gary Shaw for some time now. In fact, after the May 31 network television debut on CBS ended with mostly bad reviews — despite impressive ratings — the rumors of the successful boxing promoter being forced out by CBS executives became public.

Those reports were denied by Elite XC officials at the time, but with Shaw’s absence from the last two Elite XC events and now this announcement, it all appears to have been true after all.




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TimW001
7/30/08 1:25:49AM
We had a thread on this like two pages back. Oh I mean like two threads down.
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