Lionsgate Eyeing New Asian TV Sales Head After Tim Stuart Departs
The indie studio is reducing its presence in Australia to consolidate its Asian operations in Hong Kong, with Tim Stuart staying behind in Sydney owing to family commitments.
TORONTO -- Lionsgate on Friday said Tim Stuart, vp of Asia Pacific sales, left the indie studio on June 10.
The departure comes as Vancouver-based Lionsgate draws back from Australia to consolidate its Asian operations in Hong Kong.
Wendy Reeds, vp of international and home entertainment sales, will sell to the Japanese and South Korean markets as Lionsgate begins the search for a Hong Kong-based senior distribution executive.
Until that hire is made, Jenny Suen, a Hong Kong-based sales director, will oversee sales for the rest of Asia, with Amanda Cordner, vp of international, stick-handling distribution for Australia and New Zealand.
"We thank Tim Stuart for his valuable contributions during his tenure at Lionsgate and look forward to being closer to our clients in Asia from our base in Hong Kong. Regretfully, Tim Stuart will not make the move,” Peter Iacono, head of Lionsgate International, said in a statement.
Stuart in his own statement pointed to family commitments back in Australia to explain a decision to remain in Sydney.