Ray Strache has been promoted to Executive Vice President, Global Acquisitions and Co-Productions for 20th Century Fox and Fox Searchlight, it was announced today by Searchlight Presidents Stephen Gilula and Nancy Utley, and Twentieth Century Fox Film’s President of International Distribution, Andrew Cripps.

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In this new role, Strache expands his duties to include territory-specific opportunities for TCF worldwide in addition to his existing role as head of Searchlight’s acquisitions department. He will continue adding to Searchlight’s acquisitions arena, his commercial and Oscar-lauded track record includes such pick-ups as Napoleon Dynamite, Little Miss Sunshine, Crazy Heart, Beasts of the Southern Wild, Brooklyn, Jackie, Step and Patti Cakes$. Strache will also continue to work closely with Fox Searchlight’s in-house production department to identify development content for Fox Searchlight’s cross-platform model.

Strache’s 20th Century Fox mandate calls for him to join with Cripps and local teams in key territories to acquire projects aimed at specific markets throughout Latin America, Europe and Asia.  Upcoming titles in this area include Chilean filmmaker Andres Wood’s Arana, and the latest Dragonball sequel Super in Japan.

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Utley and Gilula stated, “Ray has been an immeasurable and integral part of Searchlight and we couldn’t be more thrilled with his promotion.  We look forward to his continued success on the acquisitions and production front, especially for new avenues of content.”

Said Cripps “Our entire team at Twentieth Century Fox International is looking forward to leveraging Ray’s excellent international experience and contacts to expand and grow our business in key territories.  Given his tenure at Fox he will be able to fit in quickly and work very effectively with our territorial teams around the globe.”

Strache added, “In this dynamic film world, having the chance to continue on with Searchlight while also looking to the globe for new and exciting opportunities for TCF is truly my dream job.  I am thrilled to be part of this next chapter in TCFF’s storied history of identifying and nurturing talent worldwide.”

Strache is a two decade Fox vet ever since earning his J.D. at USC’s Gould School of Law.  He started as the assistant to then-Chairman Tom Rothman, was subsequently promoted to Acquisitions Manager and held a number of titles throughout the years, most recently SVP of Acquisitions and Co-Productions at Fox Searchlight.