Veteran execs Rich Sullivan and Philip Goore have joined Robert Simonds’ still-unnamed studio, joining a roster that includes former Universal Pictures chairman Adam Fogelson and former Disney and Fox exec Oren Aviv.
Sullivan has been named CFO while Goore will serve as exec VP of business and legal affairs for the motion picture group.
Sullivan will report to chief operating officer Thomas McGrath. He most recently served as deputy CFO for Dreamworks Animation SKG, where over the years he served as the head of investor relations and of corporate finance.
Sullivan previously worked as an exec AT&T Corp. and for Deutsche BankSecurities as a member of its mergers and acquisitions investment banking group.
Goore, who will report to General Counsel Noah Fogelson, has worked in business affairs roles at Universal Pictures, New Line Cinema and Dreamworks Pictures.
The four-month-old studio is led by Simonds with backing from TPG Growth, China’s Hony Capital, Gig Pritzker and Beau Wrigley.
Simonds producing credits include “Cheaper by the Dozen,” “The Pink Panther” and “The Waterboy.” His new company is looking to produce and distribute as many as ten films annually at budgets ranging $20 million to $60 million.