Saturday, June 23, 2012

Personnel Chaos at Milchan's New Regency as CFO Resigns....Again

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.
A lot of bad karma is in the air. Besides Corzo and Santor, company chairman Bob Harper and Hutch Parker exited in late 2011 as Milchan, who owns 80% of the film and financing company, took direct control again and installed himself as Chairman. Milchan, who’s known to send out a mean-spirited email or two to staff, brought former Paramount production president Weston in as CEO in the fall of last year. Alexandra Milchan rejoined her father’s company as EVP Production in mid-September last year. Former Fox 2000 EVP Carla Hacken became New Regency’s production president in late November last year. Andrew Plotkin was named EVP Television earlier this month as the company relaunched their TV division.

No comments:

Post a Comment