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Gleason rejoins MGM board

Seven Network exec adds 'talented outside director' to panel, studio says

Seven Network exec Michael Gleason has rejoined the board of Metro-Goldwyn-Mayer in a move that increases to 10 the number of MGM directors and to five its outside board members.

In addition to his work for the U.S. subsidiary of Australian broadcaster Seven, Gleason is president of investment firm Culmen Group in Fort Worth, Texas, where he lives.

Gleason was elected to the MGM board because the company saw an opportunity add a “talented outside director,” spokesman Craig Parsons said. He said the appointment does not represent a resurrection of strategic ties to Seven, which held a minority stake in the studio for just under two years.

Gleason was an MGM board member during that period, which ended in 1998.

MGM’s board is chaired by studio chief Alex Yemenidjian, one of five appointees of MGM majority owner and board member Kirk Kerkorian. Its other outside directors include former MGM chief Frank Mancuso, filmmaker Francis Ford Coppola, former U.S. secretary of state Alexander Haig and radio broadcasting exec Willie Davis.

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