James Keegan, who has been with Lionsgate for 25 years, will retire from his position as Chief Financial Officer, effective Oct. 1, the company announced today.

James W. Barge has been named his successor. Barge served as Executive Vice President and Chief Financial Officer of Viacom Inc. from 2010-2012 and Executive Vice President, Controller, Tax and Treasury, from 2008-2010.

Keegan will remain as a consultant until January 3, 2014 to assist with the transition.

“Jim Keegan has provided 25 years of exemplary service to the Lionsgate family, and he will be missed,” Lionsgate Chief Executive Officer Jon Feltheimer said in a release today. “When he decided to retire, we were fortunate that Jimmy Barge was already working with us on a number of financial initiatives and was available to hit the ground running as our new CFO. Jimmy has tremendous experience guiding the financial operations and strategies of leading major entertainment companies, and he will be a valuable and experienced addition to our management team.”