×

STX Chief Operating Officer Tom McGrath Steps Down (EXCLUSIVE)

STX Entertainment chief operating officer Thomas McGrath is departing the company, Variety has learned exclusively.

McGrath, who has been at Bob Simonds’ young studio since day one, left his post on Monday, an individual familiar with the change said. He will transition to a senior adviser role, a second insider noted.

An STX spokesperson had no immediate comment.

McGrath is keen to return to his deep roots as a Broadway producer, one of the individuals explained. The executive is currently involved in Santino Fontana’s “Tootsie,” which fetched 11 Tony nominations, and has a prolific resume in the space. As a co-founder of the company Key Brand Entertainment, McGrath has mounted numerous musical revivals over the years (“Hair,” “Pippin,” “Porgy and Bess”) and originals in New York and London.

No immediate replacement for McGrath is apparent. His duties included managing workflow for divisions including film, television, the virtual reality sect STXSurreal and international operations, a department formerly led by David Kosse who decamped for Netflix in March.

STX just released its anticipated family franchise “Uglydolls,” which did not perform beautifully. This weekend they cheer on Diane Keaton, Pam Grier, Jacki Weaver and Rhea Perlman’s “Poms,” about a squad of elderly cheerleaders, which is expected to fetch between $7 million and $10 million at the domestic box office.

Popular on Variety

More Film

  • 1917 Movie

    Why '1917' Is the Last Film That Should Be Winning the Oscar (Column)

    There’s a feeling I always get at the end of a long Oscar night when the movie that won isn’t a terrible choice, but it’s the safe, blah, MOR predictable choice, the one that conforms to the dullest conventional wisdom about the kinds of movies Oscar voters prefer, because in the core of their being [...]

  • Civil Rights Drama 'Praying for Sheetrock'

    Civil Rights Drama 'Praying for Sheetrock' in the Works as Feature Film (EXCLUSIVE)

    Enderby Entertainment is developing a feature film based on Melissa Fay Greene’s civil rights drama “Praying for Sheetrock,” Variety has learned exclusively. The non-fiction book, published in 1991, was a finalist for the National Book Award and won the Robert F. Kennedy Book Award, Chicago Tribune Heartland Prize, Georgia Historical Society Bell Award and the ACLU National Civil [...]

  • Jared Harris arrives at the 26th

    No, Jared Harris is Not Playing Doctor Octopus in Marvel's 'Morbius'

    The first-ever trailer for Marvel and Sony’s next Spider-man spinoff “Morbius” left comic book fans reeling with theories. While the plight of the main character, Dr. Michael Morbius (Jared Leto) – a scientist dying of a rare blood disease who accidentally turns himself into a vampire – seemed ripped right out of the comics, the [...]

  • SAG Awards 2020: What You Didn't

    SAG Awards 2020: From Charlize Theron to 'Parasite,' What You Didn't See on TV

    Brad Pitt made a crack about his marriages. Robert De Niro got political. And Jennifer Aniston talked about appearing in a commercial for Bob’s Big Boy. Those were just some of thing that happened on stage at the SAG Awards that were broadcast on TNT/TBS on Sunday night. However, Variety was inside the Shrine Auditorium [...]

  • Will Smith and Martin Lawrence star

    'Bad Boys for Life' Triumphs on MLK Weekend With $73 Million Launch

    “Bad Boys for Life” has given a jolt to the North American box office, blasting past forecasts with a $73.4 million opening at 3,775 sites over the Martin Luther King Jr. holiday weekend. The third iteration of the Will Smith-Martin Lawrence action comedy franchise will finish the Friday-Monday as Sony Pictures’ biggest R-rated opening ever [...]

  • Laurene Powell Jobs

    Laurene Powell Jobs Invests in Davis Guggenheim's Concordia Studio

    Oscar-winning director Davis Guggenheim and Jonathan King are launching Concordia Studio in partnership with Laurene Powell Jobs’ Emerson Collective. Powell Jobs, the widow of Apple co-founder Steve Jobs, founded social change organization Emerson Collective in 2004. Emerson Collective became the majority owner of the Atlantic in 2017 and made an investment in 2018 in Reese [...]

  • Jumbo

    Noémie Merlant on Sundance Player 'Jumbo,' Feature Directorial Debut 'Mi Lubita'

    French actor Noémie Merlant plays a young woman who falls in love with a funfair ride in Zoé Wittock’s “Jumbo,” which is screening in Sundance’s World Cinema Dramatic Competition. Variety spoke to her about the film, and her debut feature as director “Mi Lubita.” Merlant is viewed as one of the most promising actors of [...]

More From Our Brands

Access exclusive content