1 August 2012 8:15 AM, PDT | Gold Derby | See recent Gold Derby news »

Producer Howard Koch, Jr. ("Source Code," "Gorky Park") is following in the footsteps of his father with his election as president of the motion picture academy. The senior Koch, who worked as an exec at Paramount before hanging out his own production shingle, was Academy president from 1977 to 1979. He also produced eight Oscar telecasts.    Related: Academy issues new guidelines for Oscars campaigning His son, known as "Hawk," is limited to serving for just 365 days as he is entering his ninth year as a governor of the academy and is term-limited for that post. He is the 32nd president of the academy, which was founded in 1927, and succeeds film exec Tom Sherak who served the maximum three one-year terms as president.  PR exec Cheryl Boone Isaacs, producer Kathleen Kennedy and writer Phil Robinson were elected to vice president positions, while studio exec Rob Friedman was chosen as trea »

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