Lionsgate Motion Picture Group Chair Joe Drake is exiting the company, and handing over executive duties and title to Motion Picture Group Vice Chair Adam Fogelson.
This was a move initiated by Drake who’ll be working with Fogelson over the coming months to transition him to the Chair role.
The corporate segue follows Lionsgate’s reboot of the Hunger Games franchise with the Q4 holiday prequel, The Hunger Games: The Ballad of Songbirds and Snakes, which has grossed over $340M global box office to date.
Drake rejoined Lionsgate in 2017 after having success with Good Universe Pictures, the second company acquired by Lionsgate from Drake.
Read more on deadline.com
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