Nicole Seligman Exiting as President of Sony Entertainment

Nicole Seligman - P

Nicole Seligman - P

She also served as president of Sony Corp. of America.

Nicole Seligman, who has held dual roles as president of both Sony Entertainment and Sony Corp. of America, is stepping down from those posts, The Hollywood Reporter has confirmed.

A Sony veteran, Seligman was serving as president of the Sony Corp. of America when she was asked in May 2014 to add the newly created position of president of Sony Entertainment to her portfolio. While assisting in the transition, she plans to leave Sony by the end of March.

Seligman, who has been reporting to both Sony chief executive Kazuo Hirai and Sony Entertainment CEO Michael Lynton, is said by studio insiders to be leaving to pursue other interests after 15 years with the company. She originally joined Sony in 2001, recruited by former CEO Howard Stringer, before becoming its general counsel from 2005 to 2014.

Charged with developing overall strategy and growth opportunities at both Sony Pictures and Sony Music in May 2014, she instead found herself dealing with the aftermath of the computer hack that hit Sony in November of that year. Seligman also oversaw the sale of the building at 550 Madison Ave. in New York City that housed Sony's U.S. headquarters.

In a memo to the company's staff, informing them of Seligman's decision, Hirai and Lynton praised her as "an integral — and indispensable — part of many big decisions and developments throughout Sony's global organization, offering sage counsel to her colleagues, and demonstrating both breadth of vision and great attention to detail." With Sony moving its offices to Madison Square Park in New York, Seligman has decided it was the right time to move on to new chapters in her life, the execs said.

Originally a Washington, D.C.-based attorney before joining Sony, Seligman represented Oliver North in the Iran-Contra hearings and later was also part of the legal team representing Bill Clinton during the Monica Lewinsky scandal.