UPDATED, 5:25 PM: The Academy of Motion Picture Arts and Sciences officially has renewed CEO Dawn Hudson’s contract to June 2020. She has been in the post since 2011. Here is the letter that went out to members:
As you may know, on Tuesday, March 28, the Board of Governors met for a regularly scheduled meeting to discuss topics ranging from the Oscars to the Academy Museum. Additionally, at this meeting, we’re pleased to report that the Board voted to renew CEO Dawn Hudson’s contract through June 2020. Hudson has been CEO of the Academy since 2011.
“We are confident in Dawn’s leadership of the Academy, and fully support her as she leads a strong and dedicated team of more than 350 into our ninth decade,” said Academy President Cheryl Boone Isaacs.
We’re excited that Dawn will continue the Academy’s goals of globalization and inclusion, guide us towards the successful opening of an unprecedented movie museum, and lead us toward next year’s 90th Oscars.
Academy Board of Governors
PREVIOUSLY, April 5: While agreeing to keep auditor PricewaterhouseCoopers in place, Oscar night fiasco notwithstanding, the governors of the Academy of Motion Picture Arts and Sciences quietly attended to another piece of business at their meeting last week: That is, they authorized negotiations toward a new contract with chief executive Dawn Hudson.
According to people briefed on the meeting, the governors decided to begin the negotiations so that Hudson would not reach the June 1 expiration of her current three-year deal- – before the next board of governors meeting — without a clear sense of her future status. Whether the next contract would similarly have a three-year term wasn’t clear, as details are still being worked out. But there was no immediate indication that Hudson’s next contract would have a shorter term or less generous pay than her last one.
Hired in 2011, Hudson was renewed in 2014 after a difficult board debate in which a number of governors opposed her renewal. According to Academy tax filings, she has been receiving more than $600,000 in compensation annually. Cheryl Boone Isaacs, the Academy’s elected president, holds an unpaid position.
During Hudson’s tenure, the Academy has become deeply involved in the construction of a Los Angeles movie museum that was initially set for completion this year, but is now expected to open in 2019. With Boone Isaacs, Hudson also oversaw the expansion of Academy membership, as the group sought to raise the number of women and ethnic minorities in its ranks following public criticism of its nomination of all-white acting contenders in two successive Oscar cycles.
An Academy spokeswoman declined comment on the renewal discussions.