After increasing his position to incorporate Nickelodeon Studios again in March, Paramount COO Andrew Gumpert is exiting the Melrose lot, efficient this week. The announcement as simply made by studio Boss Brian Robbins tonight.
We hear that Gumpert’s depature was amicable with the COO telling staffers in Robbins’ memo (which you’ll learn under), “I’ve been considering the following chapter of my profession and I’m excited to determine what’s subsequent. I’m assured that this group will proceed to guide the trade.”
Within the wake of Gumpert’s departure, Courtney Armstrong, President of Enterprise Affairs and Administration, will now assume duties in Strategic Planning and Labor Relations, with Studio Group President Randall Baumberger overseeing Studio Operations. Each will report back to Robbins.
Whereas Robbins oversees the Nickelodeon a part of the studio, the exit of Gumpert comes at a time when one other a part of the Melrose lot goes by means of turmoil with the mixing of Showtime into Paramount+ and layoffs looming on that facet. As well as there have been collection cancellations on Showtime together with Let the Proper One In, American Gigolo and Three Girls.
Gumpert joined Paramount as COO in 2017. Robbins praised Gumpert as an exec who “efficiently strengthened” the studios’ relationships “throughout all points of our enterprise, overseeing negotiations with our strategic, artistic, and monetary companions and licensees, and collaborating with our groups to broaden and evolve our income sources.”
The exec was credited not just for being “an integral position” in such key franchises as Mission: Unimaginable, PAW Patrol, Sonic the Hedgehog, Star Trek, Teenage Mutant Ninja Turtles, Prime Gun (with 2022’s Maverick) and Transformers, amongst others, but in addition for proving “an essential advocate” of a forward-looking firm tradition with advances in range and inclusion amongst its mandates.
“The chance to guide and work alongside all of my unbelievable Paramount colleagues has been an distinctive privilege,” Gumpert additionally mentioned in a message relayed by Robbins. “Collectively, we’ve got achieved wonderful issues, and I’ll at all times be glad about your partnership.”
Previous to becoming a member of Paramount, Gumpert was President of Worldwide Enterprise Affairs and Operations for the SPE Movement Image Group, the place he oversaw negotiations for the studio’s productions, and structured and managed the studio’s monetary partnerships with entities together with Lonestar Capital, Village Roadshow, and MGM. He started his profession as enterprise litigator with the regulation agency of Hill, Wynne, Troop and Meisinger.
Right here is Robbins’ full inside memo:
All,
I wish to let you recognize a few change right now to our senior management group at Paramount and Nickelodeon. Andrew Gumpert has determined to depart his position as Chief Operations Officer, Paramount Footage & Nickelodeon Studios, efficient this week.
Since becoming a member of Paramount as COO in 2017 and increasing his duties to incorporate Nickelodeon final yr, Andrew has efficiently strengthened {our relationships} throughout all points of our enterprise–overseeing negotiations with our strategic, artistic, and monetary companions and licensees, and collaborating with our groups to broaden and evolve our income sources.
He has performed an integral position in fueling the success of our world franchises, together with Mission: Unimaginable, PAW Patrol, Sonic the Hedgehog, Star Trek, Teenage Mutant Ninja Turtles, Prime Gun: Maverick, and Transformers, amongst others. He has additionally been an essential advocate for our firm tradition and a champion of our ongoing dedication to range and inclusion.
Andrew leaves us at a time of unbelievable energy at Paramount, with 2022 being the primary yr in practically a decade the place we crossed $1 Billion on the home field workplace and ranked as a high three Studio. And this yr, we’re once more poised to ship one other highly effective and wide-ranging slate of movies to audiences all over the world.
Andrew wished me to share with you, “The chance to guide and work alongside all of my unbelievable Paramount colleagues has been an distinctive privilege. Collectively, we’ve got achieved wonderful issues, and I’ll at all times be glad about your partnership. I’ve been considering the following chapter of my profession and I’m excited to determine what’s subsequent. I’m assured that this group will proceed to guide the trade.”
Following right now’s information, Courtney Armstrong, President of Enterprise Affairs and Administration, will assume duty for Strategic Planning and Labor Relations and can now report back to me; and Randall Baumberger, President of the Studio Group, will oversee Studio Operations, additionally reporting to me.
I do know we’re all grateful for Andrew’s immeasurable contributions to our group, so please be a part of me in thanking him and wishing him the best possible sooner or later.
–Brian
