Ahoy me mateys Captain Cats. Kerry McCluggage, the CEO of IDW Media Holding inc. has stepped down after seven months on the job.

According to Newsarama that since McCluggage will step down, IDW Board Chairman Howard Jonas will be the new CEO. last year it was reported that three high place people within IDW also left and it had the industry talk as if something was not going right at IDW. In a statement McCluggage said this:

“As both a board member and CEO I have enjoyed helping the company with its current slate of new programming and working with the extremely talented group assembled to execute on these new series. I wish the entire IDWM team the best of luck going forward.” – Kerry McCluggage

Only time will tell if IDW is ok or are we seeing the beginning of the end of IDW.