Stratton named CFO at MGM

MGM has named Dene B. Stratton as chief financial officer. Stratton will report straight to co-chairmen and CEOs Gary Barber and Roger Birnbaum, who introduced the hire on Tuesday. Stratton had labored for pretty much two decades in the Wally Disney Co. He most lately offered as CFO for Internet startup TRC Media (Ireland). Dene has got the firm foundation and also the precise experience i was wishing to locate within our new CFO,'' stated Barber and Birnbaum. I possibly could 't be more very happy to join a business with your a storied history as MGM, especially at this time around because they are near this kind of exciting new chapter," stated Stratton. Dene is definitely an executive with extensive experience developing business and marketing methods over the entertainment spectrum,'' Barber and Birnbaum stated inside a statement. "He's produced incredibly effective campaigns for multiple franchises worldwide, and that we think he's ideal to guide the marketing charge as MGM is constantly on the move ahead.'' MGM emerged from the pre-packed personal bankruptcy in December under Barber and Birnbaum and it has cut staff by about 100 since that time. The majority of MGM's slate is co-funded, such as the two "Hobbit'' films and also the approaching Mission Impossible pic, which is written by The new sony. Contact Dork McNary at dork.mcnary@variety.com