David Tassillo, the Chief Operating Officer of Pornhub’s parent company MindGeek, put in his resignation on Tuesday along with Chief Executive Officer Feras Antoon.

“Antoon and Tassillo leave MindGeek’s day-to-day operations after more than a decade in leadership positions with the company. With the company strategically positioned for long-term growth, MindGeek’s executive leadership team will run day-to-day operations on an interim basis, with a search underway for replacements,” the company’s representative told Variety.

Tassillo and Antoon became the co-owners of MindGeek after buying it from businessman Fabian Thylmann in 2013.

The Canadian company, formerly known as Manwin, runs websites such as YouPorn, Brazzers and Pornhub. 

In October 2021, David Marmorstein Tassillo was named in the Pandora Papers which alleged that he concealed his identity in multiple tax havens.

The documents, obtained by The Toronto Star, had revealed that Tassillo used nominee directors and investors for companies set up in Anguilla, Delaware and the British Virgin Islands.

A shareholder or nominee director helps in hiding the identity of a company’s actual owner in exchange for a small fee.

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In October 2021, Tassillo told The Sun that “the transactions and structure were entirely appropriate.” 

“To support the business, we established companies in Delaware, like many Fortune 500 companies, as well as Anguilla and the British Virgin Islands,” he said.

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“Every facet of the business, including tax obligations, was handled in accordance with the law,” he added.

“A total of $100,000 was earned through this pilot project, the entirety of which went to the Delaware company, and taxes were paid in full. No money went through the companies in Anguilla or the British Virgin Islands,” Tassillo clarified last year.