Stacey Snider Joins 20th Century Fox Today as Co-Chairman (Exclusive)

FOX

Snider was CEO and co-chairman of Steven Spielberg's DreamWorks

Film executive Stacey Snider has joined 20th Century Fox as co-chairman of the studio, Fox is confirming to The Hollywood Reporter.

Snider, who was CEO and co-chairman of Steven Spielberg's DreamWorks for eight years, will report to Fox film chairman-CEO Jim Gianopulos. THR first reported in February that Gianopulos and his higher-ups at Fox parent company News. Corp, including Rupert Murdoch, wanted Snider for the top gig because of her close ties to talent and studio management acumen.

However, it has taken until now for Snider to extricate herself from her contract at DreamWorks, which isn't up until the end of year (Spielberg had reportedly made it tough for her to leave early).

"We are very fortunate to have such a proven and brilliant executive as Stacey joining us in this key role," Gianopulos tells THR in a statement. "Having known her for years both professionally and as a friend, I know she will fit in perfectly with with our culture and the talent leaders in key positions throughout the company as we embark on continued success and further expansion of our global business."

Snider will oversee all production and development for Fox, Fox Animation/Blue Sky Studios, Fox International Productions and Fox Searchlight. However, she won't oversee Elizabeth Gabler's Fox 2000, with Gabler continuing to report directly to Gianopulos. And together, Snider and Gianopulos will jointly oversee the studio's global theatrical marketing and distribution efforts.

Gianopulos has run Fox alone since Tom Rothman exited the co-chairman job in September 2012. The studio has been on a record run this year at the global box office, thanks to a string of hits.

"Jim Gianopulos has assembled the finest group of executives and filmmakers in the business; and they're producing impactful, culturally relevant films,” Snider said in a statement. “I’m excited and privileged to join them in their pursuit of excellence."

Read more What DreamWorks' Stacey Snider Means for Fox

Snider's arrival at Fox marks the latest turn for one of the few women to rise to the top of the Hollywood studio system. Prior to DreamWorks, she served as chairman of Universal Pictures, launching numerous franchises, including Fast and Furious, Bourne, Meet the Parents and American Pie. Her Universal slate also included Erin Brockovich, A Beautiful Mind, Seabiscuit and Ray.

At DreamWorks, Snider oversaw creative and financial aspects of all film development and production. Highs included The Help, Lincoln and Tropic Thunder.

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