Marvel’s SVP associate publisher Ruwan Jayatilleke has been let go, CBR reports. An 8-year Marvel veteran, Jayatilleke was promoted in 2011 and was behind many of their new business initiatives over that period, including the Stephen King and Halo graphic novels, and most recently, working on the digital and trade book businesses.
Although better known behind the scenes, Jayatilleke was a frequent message board poster, as a recent post here revealed. He was also looking forward to debuting Marvel’s new and still veiled #1 initiative at SXSW.
While the factors behind Jayatilleke’s departure aren’t known, it’s part of a recent pattern of top level executive departures for Marvel, mostly due to budgetary decrees by legendary penny pincher chairman Isaac “Ike” Perlmutter. In 2012, SVP of Integrated Sales and Marketing, Publishing and Digital Media John Dokes was let go, and in 2011 it was Chief Operating Officer Jim Sokolowski. Being a high-level business exec at Marvel seems to be a fairly perilous job.
Jayatilleke was formerly at Scholastic and has a strong portfolio under his belt. As they say, he should land on his feet and we wish him well.