Tom Rothman Stepping Down As Chairman And CEO Of 20th Century Fox
Tom Rothman, who has served as Chairman and CEO of 20th Century Fox, has announced that he will be stepping down from his position on January 1, 2013. Taking his place will be Jim Gianopulos, who will be given control over all studio operations.
THR originally picked up the story from a source, but the news has since been confirmed by Rothman himself, having sent a letter to the trade confirming his retirement. You can read the full email over on the THR article and read an excerpt below:
My Dear Friends,
With the news of Rothman's departure also comes other reports from inside the studio. THR says that News Corp. - Fox's parent company - is planning on separating film and television production units, with the film department changing its name to 20th Century Fox Film and the TV department turning into 20th Century Fox Television.
In a statement to the press, News Corp. chairman and CEO Rupert Murdoch said, "Tom has played a critical role in building our film business into one of the industryís leading studios. He has spearheaded a legacy that includes many of the businessí biggest grossing films, consistently outstanding profits, and enduring quality. I know great success will continue to follow him. We are well positioned for future success under the leadership of Jim Gianopulos, whose talents will ensure that we continue to engage audiences around the world on multiple platforms."
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