Exec to remain as general counsel, chief strategic officer
Lionsgate has reached a three-year deal with Wayne Levin to remain as general counsel and chief strategic officer.Levin has been with Lionsgate and its predecessor companies for 17 years. He is the senior legal and business affairs exec at the company and part of the senior decisionmaking team. Levin will continue to report to CEO Jon Feltheimer on corporate management and strategic issues and will work with vice chairman Michael Burns and co-COO Brian Goldsmith on M&A activities and capital structure. Levin was involved in structuring Lionsgate’s five-year $800 million revolving credit facility last year. “Wayne has played a key role in Lionsgate’s evolution into a leading global entertainment company,” said Feltheimer and Burns. Levin was in charge of business and legal affairs department at Trimark Pictures from 1996 through 2000, when Lionsgate acquired Trimark Holdings. He’s overseen acquisitions of Summit Entertainment (2012), TV Guide and TVGuide.com (2009), Mandate Pictures (2007), Debmar-Mercury (2006), Redbus Holdings (2005) and Artisan Entertainment (2003), as well as Lionsgate’s investments in Roadside Attractions and Break Media. Lionsgate disclosed in an 8-K filing with the Securities and Exchange Commission Levin’s base salary of $750,000 will be increased $825,000 on April 1.