Safford, exec VP of worldwide acquisitions, will depart in March. Searchlight promoted Ray Strache in September to the senior VP of acquisitions slot with the assignment of jointly running acquisitions with Safford.
Safford has been active with the All Hands Volunteers organization, which helps rebuild destroyed areas such as New Orleans.
Safford worked with Terrence Malick on “The Tree of Life” and Benh Zeitlin on “Beasts of the Southern Wild.”
News was first reported by Indiewire.