Studio vet to shape domestic strategic business initiatives

Jimmy Horowitz has been upped to president of Universal Pictures.

The studio is looking to Horowitz, who most recently was exec VP, to shape and implement domestic strategic business initiatives and help manage day-to-day business operations. In his new role, he will work closely with U chairman Adam Fogelson, co-chairman Donna Langley and vice-chairman and COO Rick Finkelstein. Horowitz will add the oversight of Illumination Entertainment to his duties and will also oversee Universal’s relationship with slate co-financier Relativity Media.

He will report to Fogelson and Finkelstein.

“Jimmy is a critical gatekeeper for our company, someone who all our filmmakers know and respect,” said Fogelson. “His deep knowledge of our business and the people we work with make him a trusted strategic advisor who will play a major role in helping us shape the future of this studio.”

Horowitz, who has worked at U for 18 years, previously served as co-president of production. He became exec VP of the studio in July 2006. In that role he supervised non-creative aspects of production and oversaw Universal’s growing live-stage business. Under his leadership, Universal Pictures Stage Prods. has enjoyed box-office and critical success with “Wicked” and “Billy Elliot.”

“Jimmy is a trusted colleague and friend,” said Langley. “He’s a skillful negotiator who has the right instincts and judgment to help us move forward Universal’s agenda in the face of any challenge.”

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