According to Kelly’s sources, Richard Spencer left his post “abruptly” on Monday, as the magazine was in the midst of closing deadlines. The reason for the departure could be a dispute with Bauer’s CEO Hubert Boehle over pay. Said Kelly:
“Signs point to a monumental blow-up between Spencer and [Boehle] — possibly over Spencer’s demands for a boost in the $750,000-a-year compensation package he was said to be pulling down.”
In Touch‘s executive editor Michelle Lee is the likely successor for Spencer, Kelly added. A Bauer spokesperson has not yet returned our requests for comment.
Read more: Editor not In Touch –New York Post
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