Ron Schwartz, a 27-year veteran of Lionsgate, is set to leave the Hollywood studio at the end of March.
Schwartz, currently president and chief operating officer of the Motion Picture Group, in a statement on Thursday said: “It was a difficult decision to leave the studio after a remarkable 27-year run. Throughout my numerous roles, the notable constant has been the amazing colleagues I’ve worked with across every part of our business.”
“We’ve accomplished many great things together, and as I look at the growth trajectory in recent months, I know that I am leaving the Motion Picture Group in its best shape in many years with substantial opportunity ahead. I also know that it is time to move on to the next chapter of my career, explore new opportunities, and take on new challenges,” he added.
Schwartz joined Lionsgate after a merger with Trimark in Oct. 2000 and for nearly three decades has helped build what is now a 20,000-title film and TV library. During that time, Lionsgate’s movies have grossed over $15 billion at the worldwide box office.
“Ron has been a pillar of the studio’s growth and evolution for more than 25 years, embodying our entrepreneurial culture and selfless team spirit. He has earned the respect and affection of his colleagues, business and talent partners alike, and he will be deeply missed,” Lionsgate CEO Jon Feltheimer said in his own statement.
Schwartz was key to integrating content after Lionsgate’s acquisitions of Artisan Entertainment, Summit Entertainment and Entertainment One. His earlier executive roles at the studio included president of global licensing and distribution, and Lionsgate president of worldwide home entertainment, where he made innovations in home entertainment distribution, marketing and windowing strategies.
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