Andy Horn Fills New CFO Role at Movie Academy
The long-time controller of the group behind the Oscars is now tapped to be involved in overall strategy and play a wider role in the Academy and its foundations.
The Board of Governors of the Academy of Motion Picture Arts & Sciences recently modified the non-profit’s bylaws to create a chief financial officer’s position. On Wednesday the job went to Andy Horn, who has been the Academy’s controller since 2001.
"Andy is an exceptional executive and an outstanding financial strategist," said Academy CEO Dawn Hudson in making the announcement. "Over the years, his skills and expertise have earned him the respect of the Board, and he has led us in uncertain economic times to an even more secure place from which we can continue to grow and prosper."
Horn is credited with managing the day-to-day financial activities of the Academy for more than a decade. For the Academy Awards, he is involved in the budgeting and review of expenditures, as well as participating in contract negations with ABC for the TV deal (recently extended) and with CIM Group, owners of the theater where the Oscar show is held.
He also oversaw a $35 million bond offering for the Academy’s Pickford Center in Hollywood and two refinancings.
As CFO, Horn will continue to oversee daily administration and will now help set the strategic vision for the Academy in terms of its financial affairs.
That includes not just the Academy but also the Academy Foundation, including the Margaret Herrick Library, the Academy Film Archive, the Science and Technology Council and the soon to be built Academy Museum of Motion Pictures. For the new museum, Horn will oversee non-fundraising financial matters.
Prior to the Academy, Horn spent seven years at PricewaterhouseCoopers, where his clients included the Academy and a number of large entertainment clients.
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