This story has been updated.
After 10 years with the political news site he co-founded, Politico CEO Jim VandeHei confirmed Thursday he would leave the publication after the 2016 race, with plans to start a “new venture” in media.
Mike Allen, the star behind Politico’s morning newsletter Playbook, is also leaving the company, The Huffington Post first reported.
“This moment in media and in history is putting every sector and idea in play – and it is too intriguing and wide open to play it safe. I plan to start a new venture when I depart,” VandeHei wrote in a memo posted on the site.
Kim Kingsley, Politico’s COO, will also leave this year, VandeHei said in the memo.
The shakeup comes amid news that Susan Glasser, the site’s top editor, is preparing to leave the site and move to Israel with her husband, Peter Baker, who was named The New York Times’ Jerusalem bureau chief.
