Todd Spangler NY Digital Editor Cindy Holland is stepping down as CEO of production company Sister to take on a role as senior adviser to David Ellison and Skydance Media, ahead of the expected close of Skydance’s deal to merge with Paramount Global in 2025.
With the departure of Holland, a former long-time Netflix exec, Sister’s board has decided to shut down its Los Angeles film and TV office at the end of 2024, the company said.
CFO Chris Fry will serve as interim CEO while a search takes place to find a successor. In L.A., Sister has fewer than 20 employees.
Holland joined Sister in July 2023 as global CEO, after she left Netflix in 2020. The production company was founded by media mogul Elisabeth Murdoch and “Chernobyl” producer Jane Featherstone.
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