Lionsgate's (LGF) Chief Executive, Jon Feltheimer, has reached a new long-term agreement with the company extending his tenure until May 2018, effective immediately.
During Feltheimer's 13 years as CEO, he and Vice Chairman, Michael Burns, have guided the company's growth into a premier global entertainment company that has established a reputation for leadership not only in feature films and television shows but in creating and delivering content to digital platforms worldwide.
Last year, Lionsgate purchased Summit Entertainment, launched the global blockbuster HUNGER GAMES franchise and continued the growth and diversification of its television business, encompassing 28 television series on 20 different networks including iconic and emerging brands such as MAD MEN, WEEDS, ANGER MANAGEMENT, NASHVILLE and ORANGE IS THE NEW BLACK. Lionsgate's market capitalization rose from $80 million to nearly $4 billion during Feltheimer's tenure as CEO.
In addition to Feltheimer, Vice Chairman Michael Burns, Co-Chief Operating Officers Steve Beeks and Brian Goldsmith and General Counsel and Chief Strategic Officer Wayne Levin have all inked new long-term agreements with the company in the past year.
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