05/20/2010 01:09 pm ET Updated May 25, 2011

Michael Ovitz To Divorce Wife Judy Reich

The NY Post is reporting that former CAA head and Disney president Michael Ovitz and wife Judy Reich are headed for divorce. A family friend confirmed the separation, telling the Post: "They have three great kids. They've been together since they were kids. He's trying to make the split as painless as possible."

The couple had been together since 1969. Ovitz had no comment for The Post.