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Richard Sherman to Join DreamWorks Animation Board of Directors
GLENDALE, Calif., Nov 18, 2008 /PRNewswire-FirstCall via COMTEX/ --
DreamWorks Animation
SKG, Inc. (NYSE: DWA) announced today the election of Richard Sherman to its
Board of Directors.
Mr. Sherman has served as Chief Executive Officer of The David Geffen
Company, an investment management company, since 1992. Prior to assuming this
position, Mr. Sherman was a partner with Breslauer, Jacobson, Rutman and
Sherman, a leading business management firm serving the entertainment
industry. He previously served as a staff accountant with Peat, Marwick and
Mitchell.
"Richard is very familiar with our company and brings a far-reaching
background in finance along with substantial industry expertise," said Jeffrey
Katzenberg, Chief Executive Officer of DreamWorks Animation. "On behalf of our
entire Board, I would like to welcome Richard to the Company."
"I am thrilled to join the DreamWorks Animation family and look forward to
working closely with the Board and the Company's first-rate management team to
contribute to its future as one of the leading CG animation companies in the
industry," said Sherman.
Mr. Sherman is a certified public accountant and serves on the Boards of
Directors for Aviva Family and Children's Services, The Geffen Playhouse and
The David Geffen Foundation.
With the appointment of Mr. Sherman, DreamWorks Animation's Board of
Directors currently has 12 members including: Roger Enrico, Chairman of
DreamWorks Animation; Jeffrey Katzenberg, Chief Executive Officer of
DreamWorks Animation; Lew Coleman, President and Chief Financial Officer of
DreamWorks Animation; Mellody Hobson, President of Ariel Capital Management;
Nathan Myhrvold, Chief Executive Officer of Intellectual Ventures; Meg
Whitman, former President and Chief Executive Officer of eBay; Karl von der
Heyden, retired Vice Chairman and Chief Financial Officer of PepsiCo, Inc.;
Judson Green, President and Chief Executive Officer of NAVTEQ; Michael
Montgomery, President of Montgomery & Co; Tom Freston, former President and
Chief Executive Officer of Viacom; and entertainment attorney Skip Brittenham.
About DreamWorks Animation SKG
DreamWorks Animation is principally devoted to developing and producing
computer generated, or CG, animated feature films. With world-class creative
talent, a strong and experienced management team and advanced CG filmmaking
technology and techniques, DreamWorks Animation makes high quality CG animated
films meant for a broad movie-going audience. The Company anticipates
releasing its feature films into both conventional and IMAX(R) theatres
worldwide. The Company has theatrically released a total of seventeen animated
feature films, including Shrek, Shrek 2, Shark Tale, Madagascar, Over the
Hedge, Shrek the Third, Bee Movie, Kung Fu Panda and Madagascar: Escape 2
Africa. Monsters vs. Aliens opens in theaters on March 27, 2009. Beginning in
2009, all of the Company's feature films will be produced in stereoscopic 3D
technology.
SOURCE DreamWorks Animation SKG, Inc.
http://www.dreamworksanimation.com
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