November 29, 2021

Tomer Aiderapp

Consummate Business Technicians

Courtney D Armstrong Joins Paramount as PresidentTheWrap

Paramount Pictures announced Tuesday that Courtney D. Armstrong has been named president of business affairs and administration for the studio. In this purpose, Armstrong will oversee business enterprise and authorized affairs for all of the studio’s reside action and animation production divisions.

Armstrong also will lead the studio’s company advancement staff, overseeing the investigation and evaluation of all new company opportunities for Paramount, but will perform on the company’s strategic scheduling actions.

The transfer marks the most current shakeup in the studio’s govt suite considering the fact that Brian Robbins, formerly the head of Nickelodeon at ViacomCBS changed Jim Gianopulos as chairman and CEO of Paramount Images in September. That go was followed by the exodus of movie president Emma Watts and communications head Chris Petrikin.

Daria Cercek and Mike Eire were upped to co-heads of Paramount Pictures’ Motion Photograph Team in the wake of Emma Watts’ exit. Moreover, Nickelodeon’s Ramsey Naito changed Mireille Soria as animation chief.

As part of the govt chess video game, according to an internal memo from Paramount Images COO Andrew Gumpert attained by TheWrap, Stephen Plum, govt vice president of enterprise and legal affairs, and Jay Galston, govt president of strategic organizing and company development, will also be leaving the firm.

“Stephen and Jay have been significant strategic executives in the two steering the company to profitability and setting up out our film slate, and their function on behalf of Paramount has been immensely impactful,” the memo go through. “They have each been valued colleagues and leaders for the duration of their time here, and we thank them for their several years of service and lots of positive contributions to the business.”

emma watts paramount

Stated Gumpert in a statement, “Anyone who is aware or works with Courtney can attest that his exemplary organization and authorized mind, as perfectly as his standout leadership characteristics, place him at the extremely prime of his subject. He will be a tremendous addition to Paramount, and we could not be additional lucky to have him on our team.”

Armstrong beings his new place effective Oct. 29 and will report to Gumpert.

Underneath is Gumpert’s memo in its entirety:

Dear All, 

I am composing to allow you know about some variations to our Motion Picture Small business & Authorized Affairs Group, as very well as to our Enterprise Development Team. I am thrilled to share that Courtney D. Armstrong will be joining the studio as President, Company Affairs and Administration, reporting to me. In this purpose, Courtney will not only oversee all of the studio’s organization and lawful affairs divisions, but also the studio’s business enterprise advancement team. In this capability as the head of company growth, he will not only oversee the assessment and evaluation of all new business enterprise possibilities for Paramount, but will perform on the company’s strategic arranging actions. He is a proven standout as both equally a leader and company and lawful thoughts and will be a massive asset and addition to the business. Please join me in extending a really heat welcome to him. 

I would also like to share that Senior Govt Vice President of Enterprise & Authorized Affairs Stephen Plum and Executive Vice President of Strategic Setting up & Business enterprise Enhancement Jay Galston will be leaving the enterprise. Stephen and Jay have been crucial strategic executives in both equally steering the corporation to profitability and building out our movie slate, and their work on behalf of Paramount has been immensely impactful. They have both been valued colleagues and leaders all through their time listed here, and we thank them for their many years of company and numerous constructive contributions to the company.  

Courtney joins us from Warner Bros. Photos the place he was an executive considering the fact that 2003, most recently serving as govt vice president of throughout the world small business affairs. For the duration of his time at Warner Bros., he was instrumental in a selection of critical and business successes which include Ponder Female, Dunkirk, The Darkish Knight trilogy, Excellent Beasts: The Crimes of Grinewald, The Lego Batman Movie, Justice League, All set Player 1, Ocean’s 8 and many others.  

Prior to joining Warner Bros., Courtney was an lawyer in the Company and Lawful Affairs division of the Movement Photo Group at Walt Disney Images. Before that, he was a litigation associate on the enjoyment litigation group at Paul, Hastings, Janofsky & Walter, LLP.  

He is a graduate from Northwestern College, as perfectly as from Northwestern University Faculty of Law and the J.L. Kellogg Graduate Faculty of Administration at Northwestern College, from which he acquired his bachelor’s degree, juris health practitioner and master’s diploma in business administration, respectively.  

He is also a member of Northwestern University’s Board of Trustees, an government committee board member of the Legislation Board at the Northwestern Pritzker Faculty of Legislation, a member of the Executive Leadership Council, and a member of the government department of the Academy of Motion Photos Arts and Sciences.  

The moment all over again, make sure you be part of me in welcoming Courtney and thanking Stephen and Jay.  

All my very best, 

Andrew