MGM Names Ken Schapiro Chief Operating Officer


Ken Schapiro has been appointed chief operating officer of MGM, effective immediately,  Co-Chairmen and Chief Executive Officers Gary Barber and Roger Birnbaum announced Monday.

"Ken’s background, experience and proven track record make him an undeniable asset to MGM.  We believe his skills and energy will be integral in helping us build the new MGM," said Barber and Birnbaum in a joint statement.

“While it is difficult to leave the business I co-founded with my partner Amir Malin, returning to an operating role to work with Gary and Roger at the new MGM from this early stage is too exciting a challenge to pass up,” said Schapiro.

Schapiro is the co-founder and a managing principal of Qualia Capital LLC. Before co-founding that company in 2003, he was President and Chief Operating Officer of Artisan Entertainment.

Read the full release after the jump.

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