May 14, 2012 4:20pm PT by Matthew Belloni
MGM Ups Scott Packman to Senior Executive VP, Names Deputy General Counsel (Exclusive)
MGM has promoted its longtime top legal executive Scott Packman to senior executive vp, general counsel and secretary. Separately, the studio has named Cheryl Rodman as executive vp and deputy general counsel.
The moves come as MGM continues to reinvent itself after emerging from bankruptcy under the guidance of Spyglass chiefs Gary Barber and Roger Birnbaum and COO Ken Schapiro.
“Scott has been an integral part of our new management team providing his knowledge of our business and vast experience from his 10-year tenure at MGM," Schapiro said in a statement. "We are thrilled he will be taking on the post of senior executive vice president."
Packman joined MGM in 2002 and has been general counsel at the studio since 2005. During his tenure, he has negotiated key co-financing deals with Sony Pictures and MGM's current $500 million credit facility.
Rodman, who will report to Packman, will focus on significant transactions and joint ventures.
“I am thrilled to have Cheryl join our team and provide her unique blend of entertainment and corporate legal experience,” said Packman in a statement. “Having worked with Gary and Roger at Spyglass, she understands the new culture at MGM and the direction that we are moving in.”