Chairman and CEO Brian Robbins has confirmed Andrew Gumpert’s departure from Paramount Pictures & Nickelodeon Studios as COO.
Robbins broke the news Thursday with a note to staff, writing that Gumpert has “decided to leave” the studios.
“Since joining Paramount as COO in 2017 and expanding his responsibilities to include Nickelodeon last year, Andrew has successfully strengthened our relationships in all aspects of our business – overseeing negotiations with our partners and licensees strategic, creative and financial, and collaborating with our teams to expand and scale our revenue streams,” Robbins said in the memo.
Gumpert added, “The opportunity to lead and work alongside all of my incredible colleagues at Paramount has been an exceptional privilege. Together we have achieved incredible things, and I will always be grateful for your partnership.”
He added, “I’ve been considering the next chapter in my career and I’m excited to find out what’s next. I’m confident this organization will continue to lead the industry.”
As reported by The variety, Courtney Armstrong, president of business affairs and administration, will take over strategic planning and labor relations, and studio group president Randall Baumberger will now oversee studio operations. Both will report to Robbins.