Brad Grey Re-Ups as Paramount Chairman Through 2020

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He was named CEO of Paramount in 2005.

Paramount chairman and CEO Brad Grey has re-upped at the studio through 2020, The Hollywood Reporter has confirmed.

The founder of management and production company Brillstein-Grey Entertainment was named CEO of Paramount in 2005. He quietly renewed his contract a few months ago.

In 2011, Grey inked a deal to stay at the studio through 2017.

Paramount has released 10 films this year, with Mission: Impossible — Rogue Nation topping its list with a worldwide take of $679.2 million.

The studio’s upcoming films include Paranormal Activity: The Ghost Dimension, Scouts Guide to the Zombie Apocalypse, The Big Short and Daddy’s Home.