Stratton named CFO at MGM

MGM has named Dene B. Stratton as chief financial officer. Stratton will report right to co-chairmen and CEOs Gary Barber and Roger Birnbaum, who introduced the hire on Tuesday. Stratton had labored for virtually 2 decades within the Wally Disney Co. He most recently offered as CFO for Internet startup TRC Media (Ireland). Dene gets the firm base as well as the precise experience i had been wanting to find inside our new CFO,'' mentioned Barber and Birnbaum. I really could Not more thrilled to join a company together with your a storied history as MGM, especially at this time around around since they're near this type of exciting new chapter," mentioned Stratton. Dene is certainly a professional with extensive experience developing business and marketing techniques within the entertainment spectrum,'' Barber and Birnbaum mentioned in the statement. "He's created incredibly effective campaigns for multiple franchises worldwide, which we believe he's ideal to steer the marketing charge as MGM is continually on the go ahead.'' MGM emerged in the pre-packed personal personal bankruptcy in December under Barber and Birnbaum and contains cut staff by about 100 ever since then. Nearly all MGM's slate is co-funded, like the two "Hobbit'' films as well as the approaching Jason Bourne pic, that is compiled by The brand new the new sony. Contact Dork McNary at dork.mcnary@variety.com