Publish date:

President of Eden Prairie TV shopping network quits abruptly after five just months

Anne Martin-Vachon had only held the role for five months.
Author:

The president of Eden Prairie-based TV and digital shopping network Evine has resigned after just five months in the job.

The resignation of Anne Martin-Vachon was confirmed in a separation agreement filed with the SEC, which says Martin-Vachon left the company on Jan. 1, having only become president on Aug. 1.

As part of her departure, she'll receive a payment of $251,902.56. Of this, just over $240,000 was equal to 4.5 months of her base pay as president.

Martin-Vachon joined Evine from Canadian e-commerce company Today's Shopping Choice, where she was credited with overseeing an operational and sales turnaround.

This expertise was intended to help Evine, which the Business Journals reports has faced its own struggles this year, posting a $9 million loss in the quarter ending November 2018, with revenue down almost $20 million compared to a year earlier.

The Star Tribune notes that Evine is the country's third biggest TV shopping network in the country, behind QVC and HSN.

The company didn't provide details to the newspaper when asked for more information about Martin-Vachon's departure.

Follow Bring Me The News on Twitter for the latest stories

Next Up

ISSAboveYou - Duluth North Shore - Oct 18 2021

Watch: Mille Lacs, Duluth captured in stunning video from ISS

The space station provides a vantage point 260 miles above the Earth's surface.

2048px-The_Weeknd_with_hand_in_the_air_performing_live_in_Hong_Kong_in_November_2018

Ladies and gentlemen, The Weeknd has canceled his St. Paul show

He's made changes to his 2022 tour that involves scrapping his Xcel Energy Center gig.

Pixabay - police lights, tape

Man released from custody after admitting to fatal shooting in ND

Authorities said there is no threat to the public.

rochester-water-tower

MN water tower in the running for Tank of the Year

It was the only water tank to receive more than 5,000 votes.

first snow

Any sign of snow in the forecast for Minnesota?

The stars could align for some flurries in northern Minnesota this week, but that's about it.

Flickr - 14 year old vaccine shot - Navy Medicine

Walz announces $200 reward for kids 12-17 who get COVID shots

Those ages have the lowest vaccination rates among all eligible age groups.

Screen Shot 2021-10-15 at 10.01.55 PM

Police still searching for suspect who opened fire at Plymouth movie theater

It sparked a partial evacuation of the Emagine Willow Creek theater.

covid, vaccine

Minnesota's COVID-19 update for Monday, October 18

Hospitalizations have surpassed 1,000 in the latest update.

Related

Eden Prairie meteorologist goes viral for wearing son on air

She's attracted plenty of comments since the video was posted.

eden prairie police squad car

Carjacking reported outside shopping center in Eden Prairie

One of the suspects reportedly displayed a weapon.

penn-cycle-screengrab

Penn Cycle abruptly closes up shop

But another local bike store is stepping in.

Screen Shot 2021-02-01 at 11.55.59 AM

3 Minnesota TV news stations sold to Atlanta company

Quincy Media, the parent company of KBJR 6 and CBS 3, has been sold to Georgia-based Gray Television.

Copenhagen

Reality TV show to hold casting call for Minnesotans with Danish ancestry

The open casting call is being held at the Mall of America on Feb. 1.