Jim VandeHei to Leave Politico

And Mike Allen is headed out with him.

Just in case there’s not enough happening this Thursday, here’s some more big news for you, first reported by HuffPost’s Michael Calderone, Ryan Grim and Sam Stein, who write that Politico CEO and co-founder Jim VandeHei is planning to make an exit. The reason? Disagreement, apparently deep, with publisher Robert Allbritton over money.

And VandeHei’s not the only one.

According to what Politico staffers told Huffington Post, White House correspondent and Playbook writer Mike Allen may be among other big names heading out the door. The New York Times’ Ravi Somaiya is reporting that chief operating officer Kim Kingsley is also leaving. All will be leaving following the elections, making for a really awkward 2016.

Update, 8:06 p.m.: VandeHei issued a memo confirming his departure. “So now you know the news: I am leaving POLITICO after the election,” he begins before stating that he plans to begin work on a new project:

After the election, it will be on to the next battle. To all those who followed us here, thank you with all my heart. You are making me a better, more fulfilled person. You changed my life. You changed journalism. It is my prayer that all of us continue that fight for journalism and ideas we believe in – and, in the end, stand proud and victorious in 2016 and beyond.

Allbritton issued his own memo, getting to the news five paragraphs in. He writes that John Harris, a third co-founder, will take on an expanded role as publisher along with his editor in chief responsibilities. Allbritton will eventually take on the role of CEO.

Chief revenue officer Roy Schwartz and evp for expansion Danielle Jones, along with the now-confirmed trio above, are also leaving.

As for editor Susan Glasser–who was rumored to be leaving the organization to join her husband Peter Baker in Israel if/when his NYT Jerusalem bureau chief appointment comes through–she is staying in her current role until the end of the year but will become the first ever director of editorial innovation in 2017, working abroad. She also gets a weekly column.