U.S. premium cable net Showtime will see a reshuffling at the top of its corporate ladder come January 1st, when CEO Matthew Blank will pass the torch to successor David Nevins.
As current president of Showtime, Nevins is tasked with the creative development, acquisition and supervision of premium programming and marketing for the company across all genres, including reality and documentaries. The transition, however, will see Nevins adding to his responsibilities as the network’s president and CEO, where he will be charged with oversight on all aspects of daily business functions and strategic management of the division.
Joining Showtime Networks in 2010, Nevins was at the helm of successful series launches that include Homeland, Ray Donovan, Masters of Sex, Episodes and The Affair, as well as a stable of documentaries. Previously, Nevins had served as president of Imagine Television, exec VP of programming for Fox and senior VP of primetime series at NBC.
In conjunction with Nevins’ appointment to CEO, his contract has also been extended through to 2018. He will report directly to Leslie Moonves, president and CEO of CBS Corporation, as well as Blank.
“One of the key attributes I look for in my leadership team is the capacity and willingness to bring up the next generation of management,” said Moonves in a statement. “It is a credit to Matt that we are now prepared to add the CEO duties to a talented executive like David Nevins, who is more than ready to take on this important role.”
Moonves went on to call Nevins, who was named Showtime president in 2014, a capable business manager with “one of the most brilliant creative minds” working within the entertainment industry at present.
Having served as chairman and CEO of the company since 1995, Blank will continue to serve Showtime Networks as chairman.
Following a 12-year stint with HBO as senior VP of consumer marketing, Blank began with Showtime Networks in 1988 as exec VP of marketing, and quickly assumed the position of president and COO in 1991. He was shortly thereafter promoted to president and CEO and finally chairman and CEO in 1995.
“Matthew Blank has led Showtime as its chairman and CEO through two decades of dramatic change and evolution in the industry,” added Moonves. “At each and every turn, he has shown terrific instincts and knowledge of the business. His patience, energy and dedication were central to building Showtime into the powerhouse it is today. He is passing the CEO torch at a terrific time, with Showtime now poised for significant new growth over the Internet.”
Showtime Networks’ stand-alone online service is set to launch in early July.