New neighbors as GreeneStreet is repaved

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In a game of musical chairs at GreeneStreet Films, production head and partner Tim Williams has been bumped up to co-president alongside founding partner John Penotti, Michael Hogan has been named COO, and actor-turned-producer Fisher Stevens is stepping down as a partner.

Stevens said he will remain an owner of the financing, production and sales outfit he co-founded. He will produce several upcoming GreeneStreet projects, including "Positively Fifth Street" and "The Invisible Woman," but will not be involved in day-to-day decisions.

"I'm looking to focus more on my acting and directing career and outside productions," including producing and helming an adaptation of the novel "The Highest Tide" and his role on "Lost," Stevens said. "This is better if other opportunities come up, versus living for the company more."

Williams joined GreeneStreet as head of production when the company was founded by Stevens and Penotti in 1998. (partialdiff)
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