Tom Rothman has stepped down as the chairman and CEO of Fox Filmed Entertainment, he announced in a letter to staff on Friday obtained by TheWrap.
Rothman will officially leave Jan. 1, 2013, and Jim Gianopulos, currently co-chairman, will take over as sole chairman and CEO.
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“During my time at Fox, thanks to you, we have together accomplished more than I ever imagined possible, from the founding and nurturing of Searchlight, to overseeing the two biggest films in box office history, to consistently ranking at the top among studio profitability year in and year out (including our most recent strong fiscal year), and, most of all, making dozens of exceptional films that I believe will stand the test of time,” he wrote.