Helene Hahn to Step Down as COO of DreamWorks

Aug 26, 2004, 01:00 ET from DreamWorks SKG

    LOS ANGELES, Aug. 26 /PRNewswire/ -- Helene Hahn will retire from her post
 as Chief Operating Officer for DreamWorks SKG, it was announced today by
 DreamWorks principal partner Jeffrey Katzenberg.  Hahn will, however, continue
 to serve as a consultant to the studio and the animation company for one year
 following her departure.
     Katzenberg, whose association with Hahn began 27 years ago at Paramount,
 stated, "There are literally no words that could adequately convey how much I
 will miss Helene both professionally and personally.  For almost thirty years,
 she has quite simply been a treasured and trusted colleague and friend.  She
 was there when DreamWorks was still only a dream, and I can honestly say we
 couldn't have done it without her."
     Hahn said,  "I want to thank Jeffrey, Steven and David and everyone at
 DreamWorks for an unbelievable 10 years -- the best 10 years of my life, so
 far.  It has been a privilege to share the challenges and successes of
 DreamWorks with such amazing and talented colleagues, and I look forward to
 continuing those relationships -- this time, however, from the ski slopes near
 my home."
     Since her marriage in 1999, Hahn has maintained her primary residence in
 Utah and has been commuting to and from DreamWorks.  With the filing of the S1
 for the impending IPO and the resulting split of her responsibilities between
 the two companies, she chose this as the best time to end the long-distance
 commute.  Discussions with Katzenberg began early this year, with Hahn working
 with him to find someone to assume her duties following the DreamWorks
 Animation IPO.  Hahn has agreed to continue as COO until a new person is in
 place.
      Helene Hahn is one of the only women ever to ascend the top business
 executive post at multiple studios.  She joined DreamWorks at its inception in
 October 1994 and worked with the three principal partners, Steven Spielberg,
 Jeffrey Katzenberg and David Geffen, on preparing the company's 10-year
 business plan and structuring the equity investments.  The business plan
 served as the blueprint for the organization of the company's production,
 distribution and marketing operations.  She was named Co-COO, together with
 Ron Nelson, and became the sole COO when Nelson left the studio in January
 2003.
     During her tenure, Hahn oversaw all of DreamWorks' business and legal
 affairs, and handled the negotiations for all of the studio's seminal deals,
 including those with HBO, ABC, Universal Distribution and the company's key
 executives.  She also served as Jeffrey Katzenberg's counsel during his
 lawsuit against Disney.
     Prior to DreamWorks, Hahn had been Executive Vice President of Walt Disney
 Studios since 1987.  She initially joined Disney in 1984 as Senior Vice
 President, Business and Legal Affairs for Walt Disney Pictures, ultimately
 rising to become the top business executive for the entire studio division.
     Before Disney, Hahn worked for seven years at Paramount Pictures,
 beginning as a staff attorney.  Two years later, she moved to Business
 Affairs, where she was promoted to Director in 1980, Vice President in 1981,
 and Senior Vice President in 1983.
 
     DreamWorks SKG was formed in October, 1994, by its three principal
 partners-Steven Spielberg, Jeffrey Katzenberg and David Geffen-to produce
 live-action motion pictures; animated feature films; network and cable
 television programs; home video entertainment; books; toys; and consumer
 products.
 
 

SOURCE DreamWorks SKG
    LOS ANGELES, Aug. 26 /PRNewswire/ -- Helene Hahn will retire from her post
 as Chief Operating Officer for DreamWorks SKG, it was announced today by
 DreamWorks principal partner Jeffrey Katzenberg.  Hahn will, however, continue
 to serve as a consultant to the studio and the animation company for one year
 following her departure.
     Katzenberg, whose association with Hahn began 27 years ago at Paramount,
 stated, "There are literally no words that could adequately convey how much I
 will miss Helene both professionally and personally.  For almost thirty years,
 she has quite simply been a treasured and trusted colleague and friend.  She
 was there when DreamWorks was still only a dream, and I can honestly say we
 couldn't have done it without her."
     Hahn said,  "I want to thank Jeffrey, Steven and David and everyone at
 DreamWorks for an unbelievable 10 years -- the best 10 years of my life, so
 far.  It has been a privilege to share the challenges and successes of
 DreamWorks with such amazing and talented colleagues, and I look forward to
 continuing those relationships -- this time, however, from the ski slopes near
 my home."
     Since her marriage in 1999, Hahn has maintained her primary residence in
 Utah and has been commuting to and from DreamWorks.  With the filing of the S1
 for the impending IPO and the resulting split of her responsibilities between
 the two companies, she chose this as the best time to end the long-distance
 commute.  Discussions with Katzenberg began early this year, with Hahn working
 with him to find someone to assume her duties following the DreamWorks
 Animation IPO.  Hahn has agreed to continue as COO until a new person is in
 place.
      Helene Hahn is one of the only women ever to ascend the top business
 executive post at multiple studios.  She joined DreamWorks at its inception in
 October 1994 and worked with the three principal partners, Steven Spielberg,
 Jeffrey Katzenberg and David Geffen, on preparing the company's 10-year
 business plan and structuring the equity investments.  The business plan
 served as the blueprint for the organization of the company's production,
 distribution and marketing operations.  She was named Co-COO, together with
 Ron Nelson, and became the sole COO when Nelson left the studio in January
 2003.
     During her tenure, Hahn oversaw all of DreamWorks' business and legal
 affairs, and handled the negotiations for all of the studio's seminal deals,
 including those with HBO, ABC, Universal Distribution and the company's key
 executives.  She also served as Jeffrey Katzenberg's counsel during his
 lawsuit against Disney.
     Prior to DreamWorks, Hahn had been Executive Vice President of Walt Disney
 Studios since 1987.  She initially joined Disney in 1984 as Senior Vice
 President, Business and Legal Affairs for Walt Disney Pictures, ultimately
 rising to become the top business executive for the entire studio division.
     Before Disney, Hahn worked for seven years at Paramount Pictures,
 beginning as a staff attorney.  Two years later, she moved to Business
 Affairs, where she was promoted to Director in 1980, Vice President in 1981,
 and Senior Vice President in 1983.
 
     DreamWorks SKG was formed in October, 1994, by its three principal
 partners-Steven Spielberg, Jeffrey Katzenberg and David Geffen-to produce
 live-action motion pictures; animated feature films; network and cable
 television programs; home video entertainment; books; toys; and consumer
 products.
 
 SOURCE  DreamWorks SKG