David V. Picker — whose career as an independent producer and studio executive spans three decades — has entered into an exclusive three-year production deal with Paramount Pictures, marking a return to the studio he once headed.

Under terms of the pact, Picker, who most recently produced (with Michael Manheim) Par’s “Leap of Faith,” will develop and produce motion pictures exclusively for the studio.

Although Picker’s company, Two Roads Prods., will be based in New York, his associate Deborah Skelly will be based at Paramount’s Hollywood lot. Skelly was previously a production VP at Summers/Quaid Prods.

In discussing his decision to return to the studio where he was once president of the motion picture division, Picker said, “The people there, Stanley Jaffe, Sherry Lansing and John Goldwyn, are all movie people. I’ve known all of them a long time. They love movies.”

While president of Paramount, Picker acquired and/or supervised the development and production of numerous films, including “Saturday Night Fever, “”Grease,””Heaven Can Wait” and “Ordinary People.”

In addition to Paramount, Picker had extensive relationships with both United Artists, Columbia Pictures and Lorimar.

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