Friday, February 03, 2023

Andrew Gumpert to Exit as COO of Paramount Pictures and Nickelodeon Studios

Andrew Gumpert is departing his role as Chief Operating Officer of Paramount Pictures and Nickelodeon Studios.

Andrew Gumpert / Courtesy of Jeff Lipsky

CEO and president Brian Robbins confirmed the news in a memo to staff on Thursday (Feb. 2) night, writing that Gumpert has “decided to leave” the studios. The executive most recently served as COO, Paramount Pictures & Nickelodeon Studios, and had been with the company with since 2017, joining as COO and adding Nickelodeon to his purview in March of 2022.

“Since joining Paramount as COO in 2017 and expanding his responsibilities to include Nickelodeon last year, Andrew has successfully strengthened our relationships across all aspects of our business–overseeing negotiations with our strategic, creative, and financial partners and licensees, and collaborating with our teams to expand and evolve our revenue sources,” Robbins said in the memo.

In a statement provided to Robbins, Gumpert said, “The opportunity to lead and work alongside all of my incredible Paramount colleagues has been an exceptional privilege. Together, we have achieved amazing things, and I will always be grateful for your partnership. I’ve been contemplating the next chapter of my career and I’m excited to figure out what’s next. I am confident that this organization will continue to lead the industry.”

In the wake of the exit, Courtney Armstrong, president of business affairs and administration, will assume responsibility for strategic planning and labor relations. She will report to Robbins. Randall Baumberger, president of the Studio Group, will oversee studio operations, reporting to Robbins.

Gumpert came to Paramount from Sony, and he began his career with the law firm Hill, Wynne, Troop and Meisinger.

See Robbins’ full memo below.

All,

I want to let you know about a change today to our senior leadership team at Paramount and Nickelodeon. Andrew Gumpert has decided to leave his role as Chief Operations Officer, Paramount Pictures & Nickelodeon Studios, effective this week.

Since joining Paramount as COO in 2017 and expanding his responsibilities to include Nickelodeon last year, Andrew has successfully strengthened our relationships across all aspects of our business–overseeing negotiations with our strategic, creative, and financial partners and licensees, and collaborating with our teams to expand and evolve our revenue sources.

He has played an integral role in fueling the success of our global franchises, including Mission: Impossible, PAW Patrol, Sonic the Hedgehog, Star Trek, Teenage Mutant Ninja Turtles, Top Gun: Maverick, and Transformers, among others. He has also been an important advocate for our company culture and a champion of our ongoing dedication to diversity and inclusion.

Andrew leaves us at a time of incredible strength at Paramount, with 2022 being the first year in nearly a decade where we crossed $1 Billion at the domestic box office and ranked as a top three Studio. And this year, we are again poised to deliver another powerful and wide-ranging slate of films to audiences around the world.

Andrew wanted me to share with you, “The opportunity to lead and work alongside all of my incredible Paramount colleagues has been an exceptional privilege. Together, we have achieved amazing things, and I will always be grateful for your partnership. I’ve been contemplating the next chapter of my career and I’m excited to figure out what’s next. I am confident that this organization will continue to lead the industry.”

Following today’s news, Courtney Armstrong, President of Business Affairs and Administration, will assume responsibility for Strategic Planning and Labor Relations and will now report to me; and Randall Baumberger, President of the Studio Group, will oversee Studio Operations, also reporting to me. 

I know we are all grateful for Andrew’s immeasurable contributions to our organization, so please join me in thanking him and wishing him the absolute best in the future. 

–Brian

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Original sources: VarietyThe Hollywood Reporter.

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