Penske Media, which owns SXSW, recently announced a major restructuring of the festival's leadership team.
This shake-up resulted in the departure of longtime president Hugh Forrest and approximately ten other employees.
Jenny Connelly, from Penske Media, has been appointed as the interim director, taking over the leadership role.
While Penske's statement suggests a planned transition, Forrest's public statement indicates his departure was involuntary.

