Jim Gianopulos has been named Paramount Pictures’ chairman and CEO, President and CEO of Viacom Bob Bakish announced to employees in an internal memo on Monday.
Last week, TheWrap reported that Viacom was close to formally naming him the successor of Brad Grey, who stepped down on the heels of a public mandate from Bakish for improved financial performance at the “Transformers” studio. Gianopulos will assume his role on April 3.
Gianopulos will oversee the studio’s film and television operations worldwide, including production, marketing and distribution. He will also develop new content, strengthen Paramount’s slate with co-branded releases and expand the studio’s global footprint.