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Pixar Names Ann Mather CFO
Point Richmond, CA -- September
20, 1999 -- Pixar Animation Studios (Nasdaq: PIXR) today announced that
Ann Mather has joined the company as its Executive Vice President and
Chief Financial Officer. Ms. Mather, 39, will report to Steve Jobs, Pixar's
Chairman and CEO.
"Ann is a perfect
match for Pixar -- she has strong financial skills and leadership talent,
combined with a deep understanding of our industry," said Steve Jobs.
"We are thrilled to welcome Ann to Pixar's executive management team."
Ms. Mather has
more than 18 years of financial operations experience, including seven
years with The Walt Disney Company, most recently as the Senior Vice President
of Finance and Administration of its Buena Vista International Theatrical
Division. In that position, she was responsible for all strategic planning,
budgeting, forecasting and reporting for the division's
European, Asian and Latin American operations. Ms. Mather has also held
senior financial management positions at Paramount Pictures Corporation
and Village Roadshow Pictures. She is a graduate of Cambridge University
in England, and is a Chartered Public Accountant.
"I've always
been a Pixar fan, and I'm delighted to be joining this very talented team,"
said Ms. Mather. "Pixar has an impressive track record and an efficient
business model, and I look forward to helping lead the studio into its
next phase of growth," she said.
Pixar Animation
Studios combines creative and technical artistry to create original characters
and stories in the new medium of computer animation. Pixar created and
produced the first computer-animated feature film, the Academy Award winning Toy Story, and in 1997 entered into a partnership with The Walt
Disney Company to finance, produce and distribute five computer-animated
feature films and related products. A Bug's Life was the first
of these films and was the highest grossing animated feature film released
in 1998. Toy Story 2 is scheduled for release this Thanksgiving,
and Pixar's fourth film, Monsters, Inc., is currently targeted
for a 2001 release.
Pixar's stock
is traded on the Nasdaq Stock Market under the symbol PIXR.
Contacts:
Blaise Simpson
Niehaus Ryan Wong, Inc.
(650) 827-7065 |
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