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Steve McPherson Out at ABC

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In a surprise announcement on the eve of The 2010 Summer Television Critics Association Press Tour in Los Angeles, Steve McPherson has stepped down from his role as president, ABC Entertainment Group. 

No specific explanation was offered about the hasty resignation.  Said McPherson: "I want to thank the wonderful team of individuals who have worked with me throughout my time here and wish them nothing but the best.”

A replacement for McPherson is expected to be announced shortly, with ABC Family president Paul Lee a leading contender.