LOS ANGELES, CA – (August 13, 2012) __ Steve Asbell has been promoted to Executive Vice President, Production at Twentieth Century Fox, it was announced today by the studio’s President of Production Emma Watts.

Asbell joined Fox in 2002 as Director of Production and was made Vice President in 2004, then Senior Vice President in 2009.

Asbell most recently oversaw development and production on “Prometheus,” Ridley Scott’s long awaited return to science fiction, as well as 2012’s surprise found-footage hit “Chronicle,” directed by Josh Trank. Throughout his ten-year career at Fox, Asbell has shepherded several films for the studio, including “The Day the Earth Stood Still,” “Gulliver’s Travels,” “The X Files: I Want to Believe” and Ridley Scott’s “Kingdom of Heaven.”

“It gives me great satisfaction to have watched Steve grow and succeed,” said Watts. “He delivered two excellent films for us this year in ‘Prometheus’ and ‘Chronicle’. He’s not only a talented executive but an exceptional colleague.”

Asbell is currently overseeing production on “The Wolverine,” directed by James Mangold and set for a July 26, 2013 release. Also upcoming is a sequel to “Chronicle” and a reboot of “Fantastic Four,” which Josh Trank is developing to direct.

Prior to joining Fox, Asbell was Director of Production at Beacon Pictures and served as Creative Executive at the Mutual Film Co. He started his career as an assistant at DreamWorks SKG.

Asbell holds a degree in Business Administration from the George Washington University.