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Magic Leap Loses CFO Scott Henry & Effects Wizard John Gaeta Following News of Funding Woes

This week’s news that Magic Leap’s patents had entered collateral limbo, now in the hands of JPMorgan Chase, threw a dark cloud over the company.

Well, that cloud got a bit darker on Friday with the news that two of the company’s top executives are exiting the startup.

Don’t Miss: Magic Leap Patents Signed Over to JPMorgan Chase as Collateral Just Months After Major Funding Push

The Matrix special effects veteran John Gaeta, Magic Leap’s senior vice president of creative strategy, is leaving the company. Along with Gaeta, Scott Henry, the company’s chief financial officer, is also heading… more

Source: Magic Leap Loses CFO Scott Henry & Effects Wizard John Gaeta Following News of Funding Woes

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