The president and CEO is to depart the financer-producer on the back of the $500m-plus global success of triple Oscar-winner The Revenant, the company has confirmed.
Weston served in his role for four-and-a-half years and in that time steered other hits like best picture Oscar winners 12 Years A Slave and Birdman, and last season’s contender, The Big Short.
According to The Hollywood Reporter, which broke the story on Monday morning, Michan’s son Yariv Milchan, who has served as a consigliere to his father, will play a more hands-on role alongside president of production Pamela Abdy and COO Jonathan Fisher until a replacement is found.
Given that New Regency is enjoying a rich vein of form and the apparent sense of fondness in statements issued by Milchan and Weston on Monday, it would appear the arrangement was mutual and possibly had been in the works for a while.
“I appreciate Brad’s contribution to New Regency...
Weston served in his role for four-and-a-half years and in that time steered other hits like best picture Oscar winners 12 Years A Slave and Birdman, and last season’s contender, The Big Short.
According to The Hollywood Reporter, which broke the story on Monday morning, Michan’s son Yariv Milchan, who has served as a consigliere to his father, will play a more hands-on role alongside president of production Pamela Abdy and COO Jonathan Fisher until a replacement is found.
Given that New Regency is enjoying a rich vein of form and the apparent sense of fondness in statements issued by Milchan and Weston on Monday, it would appear the arrangement was mutual and possibly had been in the works for a while.
“I appreciate Brad’s contribution to New Regency...
- 5/2/2016
- by jeremykay67@gmail.com (Jeremy Kay)
- ScreenDaily
One of Hollywood's most high-flying production and finance companies is undergoing a shakeup just weeks after two of its films squared off at the Oscars. New Regency Productions, the prolific film and television outlet that backed The Revenant and The Big Short, has parted ways with its CEO Brad Weston. Arnon Milchan, the billionaire Israeli businessman and Regency's reclusive owner, has not yet unveiled new leadership, but his son Yariv Milchan will play a leadership role, as will president of production Pamela Abdy and COO Jonathan Fisher. The move is said to be a mutual decision. "I appreciate Brad's
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- 3/31/2016
- by Kim Masters
- The Hollywood Reporter - Movie News
Exclusive: New Regency president/CEO Brad Weston has named Valerie Van Galder to be President of Marketing. At the same time, The Weinstein Company’s Tim Clawson has been hired to be New Regency’s Evp/Head of Physical Production, and Mandeville Films Svp David Manpearl is coming aboard as VP Production. Weston, the former production president at Paramount and Dimension, was hired less than a year by New Regency majority owner Arnon Milchan to refashion the company into an enterprise that would make the kind of ballsy and memorable filmmaker-driven films that once distinguished the company, back when Milchan generated L.A. Confidential, Heat, JFK and Fight Club. Weston has slowly been putting his own team in place, including production president Carla Hacken and Evp Production Alexandra Milchan; TV head Andrew Plotkin; CFO Mimi Tseng and COO Jonathan Fisher. Weston said Van Galder is a big hire for the company,...
- 7/24/2012
- by MIKE FLEMING
- Deadline TV
Exclusive: New Regency president/CEO Brad Weston has named Valerie Van Galder to be President of Marketing. At the same time, The Weinstein Company’s Tim Clawson has been hired to be New Regency’s Evp/Head of Physical Production, and Mandeville Films Svp David Manpearl is coming aboard as VP Production. Weston, the former production president at Paramount and Dimension, was hired less than a year by New Regency majority owner Arnon Milchan to refashion the company into an enterprise that would make the kind of ballsy and memorable filmmaker-driven films that once distinguished the company, back when Milchan generated L.A. Confidential, Heat, JFK and Fight Club. Weston has slowly been putting his own team in place, including production president Carla Hacken and Evp Production Alexandra Milchan; TV head Andrew Plotkin; CFO Mimi Tseng and COO Jonathan Fisher. Weston said Van Galder is a big hire for the company,...
- 7/24/2012
- by MIKE FLEMING
- Deadline
After just over three months as CFO and 13 years with the company, Bob Corzo is leaving New Regency. Today’s surprise move sees Mimi Tseng hired as the company’s new CFO. That makes the former Summit Entertainment’s Evp, Finance & Operations the third or fourth person to hold the CFO job in as many months depending how you look at it. Corzo was quietly moved into the CFO job soon after long time COO/CFO Louis Santor resigned on March 12 after 20 years with the company. At the time Jonathan Fisher was named as Santor’s successor. It seems the former Groundswell Productions president became COO but never actually CFO. Insiders say that when Santor left, Corzo said he had been promised the CFO job. President/CEO Brad Weston and company chairman Arnon Milchan relented and, without ever correcting the Fisher announcement, handed the then VP and Controller the CFO gig.
- 6/23/2012
- by DOMINIC PATTEN
- Deadline TV
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