Relativity Media hires new COO/CFO

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Film financing and production company Relativity Media has brought in former Paramount Pictures executive Steve Bertram for the dual role of chief operating officer and chief financial officer.

He is partially replacing former Chief Financial Officer Bill Sutman, who is leaving the company. Former Chief Ooperating Officer Andrew Marcus, meanwhile, was recently named president of corporate development and strategy.

Bertram previously served as president of business operations for Paramount’s home entertainment unit. Before that he was chief financial officer of DreamWorks, where he helped negotiate its sale to Paramount.

He is one of several senior executives who have recently joined Relativity, which continues to be led by Chief Executive Ryan Kavanaugh, as it transitions from exclusively co-financing movies at other studios to producing and releasing its own pictures.

In May, former Universal Executive Vice President Michael Joe joined Relativity as its president.

-- Ben Fritz