Sony Footage Leisure has promoted Drew Shearer to government vp and chief monetary officer.
He assumes the submit on Oct. 1. and can succeed Philip Rowley, who will step down after becoming a member of the Hollywood studio as CFO in 2016.
Shearer has spent almost 30 years at Sony, becoming a member of the studio in 1996 as director of inside audit for Sony Company of America, earlier than working as finance director of Sony Footage Tv Studios and divisional CFO of Sony Footage Tv’s international companies.
In 2014, Shearer was promoted to government vp and group divisional CFO, overseeing international monetary affairs for the studio’s company departments, content material improvement, manufacturing, advertising and gross sales companies and linear and digital networks.
“Drew is aware of our enterprise inside and outside, and his monetary insights and efficiencies have pushed sturdy outcomes for our firm. We look ahead to his astute management at a dynamic time for our business,” Tony Vinciquerra, chairman and CEO of Sony Footage Leisure, mentioned in a press release on Monday.
Rowley added in his personal assertion: “I’ve had an exquisite time right here at Sony Footage, having had the nice pleasure of working with so many proficient and dedicated individuals. The previous few years have been very profitable for this firm, and I really feel very privileged to have been part of that.”
Sony Footage Leisure, which spans movie and TV, had a current theatrical hit with Unhealthy Boys: Trip or Die. Sony’s Sport & Community Providers division is a separate entity to Sony Footage Leisure and encompasses PlayStation {hardware} and software program gross sales, in addition to the PlayStation Community.
Latest dealmaking on the studio consists of Sony Footage Leisure buying Alamo Drafthouse Cinema in a deal that places a significant Hollywood studio again within the enterprise of proudly owning a movie show for the primary time in additional than 75 years.
