Universal Pictures has tapped Frederick Huntsberry as its new chief financial officer.
The exec, who was previously CFO for Universal Television and Networks Group, will report to U Pics co-chairmen Brian Mulligan and Stacey Snider.
Huntsberry will be responsible for all global finance activities including performance monitoring, accounting and reporting for the U Pics Group, which comprises U Pics, U Pics Intl., U Studios Home Video, U Pics Animation and Visual Effects, U Family and Home Entertainment Prods. and U Cartoon Studios.
In addition, Huntsberry will oversee the U Pics Group’s worldwide IT operations.
Huntsberry succeeds William Sutman, who last month took on the CFO role at U Pics’ parent, U Studios.
“Not only is Frederick extremely knowledgeable in all areas of finance and management, but with his considerable European experience and multi-lingual skills, he brings a global perspective that makes him the ideal person to fill this role,” Mulligan said. U has a number of international operations, including London-based UPI, which the studio maintains as an alternative distribution facility to United Intl. Pictures.
Huntsberry joined U in January 1997 as VP of business development for U Pay Television. Prior to that he was an exec at General Electric for 12 years.