Academy Museum Names New Board of Trustees

Ron Meyer and Ted Sarandos - Split - Getty - H 2017
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In addition to chair Ron Meyer, the board will include Netflix's Ted Sarandos and producers Kimberly Steward and Jason Blum.

The new Academy Museum of Motion Pictures has completed the creation of a new board of trustees to be headed by chair Ron Meyer, vice chairman of NBCUniversal; vice chair Ted Sarandos, Netflix chief content officer; secretary Kimberly Steward, producer and philanthropist; and treasurer Jason Blum, founder of Blumhouse Productions.

The board, which held its inaugural meeting Monday and the membership of which was unveiled Tuesday, will assume responsibility for overseeing the museum, which is scheduled to open in 2019.

Additionally, the newly constituted board includes Academy of Motion Picture Arts and Sciences CEO Dawn Hudson and several members of the Academy's board of governors: Academy president John Bailey; Paramount chairman and CEO Jim Gianopulos, who also serves as Academy treasurer; Tom Hanks, who also is co-chair of the Museum's capital campaign; and Lucasfilm president Kathleen Kennedy, who also serves as an Academy vice president.

Rounding out the board of trustees are Cinepolis CEO Alejandro Ramirez Magana, fashion designer Diane von Furstenberg and Dolby Laboratories president and CEO Kevin Yeaman

In announcing the new board, Meyer, who was named its chair in September, said, "The Academy Museum has already made great strides in raising funds, constructing the site, and developing the exhibition plans that will make this museum an essential destination for visitors and locals who love film. Now, with the formation of this board of trustees, we have real momentum. I couldn’t be more pleased by the talent we’ve gathered to oversee this great new institution.”

Added museum director Kerry Brougher: "The leaders who have joined together as the Academy Museum’s trustees are among the most respected and influential figures in the world of motion pictures and philanthropy. Their caliber speaks volumes about the level of achievement this museum aspires to attain. All of us who have been working to build this institution are immensely grateful to them for stepping forward to assume board responsibility as we move toward our grand opening in 2019."

The 300,000 square-foot facility, which will occupy the old May Company building at the corner of Wilshire Boulevard and Fairfax Avenue, has been designed by architect Renzo Piano.

The Academy museum recently announced a $50 million gift from Cheryl and Haim Saban as it closes in on its initial fund-raising goal of $388 million.