Starz Promotes Penney11 Nov, 2013 By: Chris Tribbey
Starz has promoted John Penney to chief strategy officer, where he’ll be charged with overseeing growth strategies, partnerships and new business opportunities.
Penney will report directly to Starz CEO Chris Albrecht.
“John has been a trusted partner to me and the senior management team at Starz, and I am pleased he will take on the role of chief strategy officer,” Albrecht said. “His deep insight into the global media and entertainment ecosystem is uniquely valued. He has set a high bar in providing our management team with keen industry analysis that has been invaluable to our decision making, and we look forward to John’s continued contributions to helping grow our businesses.”
Penney was previously the EVP of strategy and business development for the company. Before joining Starz, he was president and head of corporate development for Foresee Entertainment, a company he co-founded with Albrecht in 2008. Before that, he was head of global media strategy for IMG Inc. He’s also held senior level positions with HBO, ACTV, Scient and Viacom.
Penney also has worked as an equity research analyst at Sanford C. Bernstein & Co. and as a financial analyst in the Media & Telecommunications Corporate Finance group of The Chase Manhattan Bank.