Andrew Gumpert is departing his role as COO of Paramount Pictures and Nickelodeon Studios.
CEO and president Brian Robbins confirmed the news in a memo to staff on Thursday night, writing that Gumpert has “decided to leave” the studios.
“Since joining Paramount as COO in 2017 and expanding his responsibilities to include Nickelodeon last year, Andrew has successfully strengthened our relationships across all aspects of our business–overseeing negotiations with our strategic, creative, and financial partners and licensees, and collaborating with our teams to expand and evolve our revenue sources,” Robbins said in the memo.
Gumpert added, “The opportunity to lead and work alongside all of my incredible Paramount colleagues has been an exceptional privilege. Together, we have achieved amazing things, and I will always be grateful for your partnership. I’ve been contemplating the next chapter of my career and I’m excited to figure out what’s next. I am confident that this organization will continue to lead the industry.”
Courtney Armstrong, president of business affairs and administration, will take over in strategic planning and labor relations, and president of the studio group Randall Baumberger will now oversee studio operations. Both will report to Robbins.
See Robbins’ full memo below.
All,
I want to let you know about a change today to our senior leadership team at Paramount and Nickelodeon. Andrew Gumpert has decided to leave his role as Chief Operations Officer, Paramount Pictures & Nickelodeon Studios, effective this week.
Since joining Paramount as COO in 2017 and expanding his responsibilities to include Nickelodeon last year, Andrew has successfully strengthened our relationships across all aspects of our business–overseeing negotiations with our strategic, creative, and financial partners and licensees, and collaborating with our teams to expand and evolve our revenue sources.
He has played an integral role in fueling the success of our global franchises, including Mission: Impossible, PAW Patrol, Sonic the Hedgehog, Star Trek, Teenage Mutant Ninja Turtles, Top Gun: Maverick and Transformers, among others. He has also been an important advocate for our company culture and a champion of our ongoing dedication to diversity and inclusion.
Andrew leaves us at a time of incredible strength at Paramount, with 2022 being the first year in nearly a decade where we crossed $1 Billion at the domestic box office and ranked as a top three Studio. And this year, we are again poised to deliver another powerful and wide-ranging slate of films to audiences around the world.
Andrew wanted me to share with you, “The opportunity to lead and work alongside all of my incredible Paramount colleagues has been an exceptional privilege. Together, we have achieved amazing things, and I will always be grateful for your partnership. I’ve been contemplating the next chapter of my career and I’m excited to figure out what’s next. I am confident that this organization will continue to lead the industry.”
Following today’s news, Courtney Armstrong, President of Business Affairs and Administration, will assume responsibility for Strategic Planning and Labor Relations and will now report to me; and Randall Baumberger, President of the Studio Group, will oversee Studio Operations, also reporting to me.
I know we are all grateful for Andrew’s immeasurable contributions to our organization, so please join me in thanking him and wishing him the absolute best in the future.
–Brian
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