Exec shuffle at GreeneStreet

Fisher Stevens stepping down as partner

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/co-founder Fisher Stevens is stepping down as a partner in the company.

Stevens said he will still be an owner of the financing, production and sales outfit. He will serve as a producer on several upcoming GreeneStreet projects, including "Positively Fifth Street" and "The Invisible Woman," but will no longer be involved in day-to-day decision-making at the company. "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, heading to Los Angeles in 2006 as the company launched its West Coast offices. Hogan, a partner and COO at the now-disbanded Hart Sharp Entertainment from 1999-2007, joined GreeneStreet last year as a consultant and will remain based in New York.

Williams will continue his production duties along with new responsibilities co-heading the company, while Hogan will oversee all operational and financial duties. Both will work with Penotti to develop new industry partnerships, as well as new-media, digital and online ventures with recently hired consultant Eric Spiegelman. The company also will continue developing its GreeneStreet Films International sales arm headed by another recent hire, Amy Beecroft.

Stevens is currently working on a documentary tentatively titled "The Rising" about the slaughter of dolphins in Japan. He described his relationship with GreeneStreet as amicable and said they may help produce some of his future outside projects.