Adam Fogelson to Exit STX & Named Vice Chair at Lionsgate Motion Picture Group

Lionsgate has named Adam Fogelson as its Vice Chair of the Lionsgate Motion Picture Group, with the executive set to exit his role as chairman of STX Entertainment’s film group.

Fogelson will begin in his new role Sept. 1 and will report to Joe Drake, chair of the studio’s film group. He will oversee worldwide marketing and theatrical distribution and be part of the motion picture group’s leadership team involved in all aspects of planning and executing its content strategy.

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Fogelson has been chairman of STX Entertainment’s Motion Picture Group for the last eight years. Before joining STX Entertainment, he was the chairman of Universal Pictures.

Fogelson, at STX, was in charge of titles like “Hustlers,” “Greenland,”The “Bad Moms” franchise, “The Upside,” “The Gift,” “Molly’s Game” and “The Gentlemen.” STX recently separated itself from Eros InternationalAnd became an independent studio, closing its deal with private investment firm The Najafi Companies; Fogelson joining Lionsgate comes as the studio had briefly explored a last minute acquisition of STX before the deal with Najafi finally closed.

STX still produces 15 films per annum. STX chairman Robert Simonds is Noah Fogelson’s CEO.

“Adam is one of our industry’s most experienced executives. As we launch new installments of the ‘Hunger Games,’ ‘Dirty Dancing’ and ‘John Wick’ franchises, as well as new IP, franchises and properties, we are looking forward to having his skills, experience and respected leadership,”Drake made the statement in a statement. “His longstanding relationships with the industry’s most creative collaborators will prove invaluable as we focus on our upcoming slate.”

“I have immense respect and affection for Joe and the Lionsgate team, and I’m thrilled to be joining them. During conversations about how Lionsgate and STX could work more closely together, this opportunity presented itself and became an exciting next step for me,”Adam Fogelson spoke. “Throughout my career, helping to grow existing franchises, identify new ones, and find uniquely creative and profitable ways to bring films to market has been a huge focus. Everything about Lionsgate, both from a content and a cultural standpoint, make this a wonderful fit for me. I’m also incredibly proud of what STX has accomplished during these transformative eight years and I’m excited to see what Noah and Bob have in store.”

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Lionsgate’s upcoming slate of films includes “Prey for the Devil,” “Jesus Revolution,” “John Wick: Chapter 4,” “Are You There God? It’s Me, Margaret”And “The Hunger Games: The Ballad of Songbirds and Snakes.”

Fogelson, prior to his appointment as STX’s chairman, was the chairman of Universal Pictures from September 2009 through October 2013. He was responsible for managing the worldwide operations of Universal Pictures, which included the global theatrical, home entertainment, licensing, finance and human resources divisions. In 2012 and again in 2013, under his leadership, Universal celebrated its highest grossing years at the worldwide box office in the company’s over 100-year history at that time. He was responsible for the release of titles such as “Ted,” “The Purge,” “Pitch Perfect,”Several films are available in the “Despicable Me”And “Fast and Furious”He also greenlit the franchise “Jurassic World,” “Neighbors,” “Fifty Shades of Grey”Others.

Fogelson joined Universal in 1998 as vice president of Creative Advertising and rose to become President of Marketing and Distribution. He received a BA degree in Communication from Stanford University in 1989. He lives in Los Angeles, California with his wife and two children.

DeadlineFirst reported the news.

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