By promoting longtime Academy of Motion Picture Arts & Sciences controller Andy Horn on Thursday to the newly created position of CFO, the film academy has cemented its desire to align its financial affairs strategically with its long-term vision.
“It’s more just a change in the point of view,” Horn told Variety. “In the past, you were more focusing on the task at hand and doing your best to succeed in the situation as it developed. Now, you’re really taking a look at how does this fit into where we want to go and putting it in the proper framework to achieve those long-term goals.”
Horn, who reports directly to CEO Dawn Hudson, has managed the Academy’s day-to-day financial activities since 2001 and helped represent it in negotiations both with ABC over the Oscarcast and with CIM Group regarding the Hollywood and Highland home of the kudos, now known as the Dolby Theater.
With those deals locked into place for years to come, Horn will turn his attention to the growth of the Margaret Herrick Library, the Academy Film Archive, the Science and Technology Council and, looming largest of all, the developing Academy Museum of Motion Pictures on the LACMA campus — all while overseeing the org’s day-to-day finances.
Most significantly for Horn, it won’t be a matter of simply carrying out marching orders from above.”I can focus a lot more energy into new initatives that are being set up and developing,” Horn said, “and actually take a more hands-on, active role.”
Horn joined the Acad after having spent seven years at PricewaterhouseCoopers, where he oversaw audits of the Academy among other entertainment industry clients. At their last meeting, the Acad’s Board of Governors approved a change in its bylaws to create the CFO position.
“Andy is an exceptional executive and an outstanding financial strategist,” Hudson said. “Over the years, his skills and expertise have earned him the respect of the board, and he has led us in uncertain economic times to an even more secure place from which we can continue to grow and prosper.”