Yesterday, Bleeding Cool ran the scoop that Warren Simon, EIC of Valiant, had resigned from the comic book publisher. It hasn't been made official yet, but notably, despite being promised in the C2E2 programme, Simon was not at the Valiant panel yesterday.

Will the new boss installed by DMG, Eric Sullivan make changes to counter any more departures? There has been a spate of hiring and promotion as well…

Sullivan's current DMG position is Director of Finance, working in the Greater New York Area. Eric holds an Accounting degree from LaSalle University and an MBA from the Kenan-Flagler Business School, University of North Carolina in Chapel Hill. He has a CPA designation and is a member of the Beta Gamma Sigma business honour society. He is a 12-year veteran of the US Army Reserve, Six Sigma Black Belt trained, and a graduate of GE's EFLP leadership program. So you also wouldn't want to go up against him in a dark New York alley.

He joined General Electric Capital in 2009 as a Senior Manager looking after, among other things, the UK Home Mortgage Market — so because I'm with Santander, I probably paid him money. His team ran efficiency savings of over $23 billion over two years, including asset sales. In 2011 he became a Finance Manager where he was involved in negotiations and arbitrations for GE Capital getting out of the financial markets in Mexico, Argentina, and Brazil.

He then became a PMO Leader – Allowance for Loan and Lease Losses three years ago, before his Finance Manager role saw him responsible for closing the sale of GE Capital's Mexican businesses, as part of General Electric Company's financial services industry exit called Project Hubble. You can read about that here, as the Financial Times reported:

By the chief executive's own admission, managers at GE Capital were wholly focused last year on the divestment plan, known internally as 'Project Hubble'. "If you asked anyone in the business about last year they would have said, 'What business?' It was all Hubble."

Sullivan is also Chief Financial Officer of the 7-21 Capital Group.

And now? Valiant Entertainment. I understand he has been relatively hands-off… for now.