Stacey Snider is stepping down as CEO of Sister Global, the media company that she co-founded with Elisabeth Murdoch and veteran TV producer Jane Featherstone.
Though Snider will transition to an independent producer, she will remain involved as a creative advisor to the company, and she’s also staying in charge of the Los Angeles office’s film and television slate. Snider will also continue to be a significant shareholder in Sister.
Murdoch, who serves as the executive chair of Sister, will now assume CEO duties on an interim basis until the company hires someone to replace Snider, who will focus on producing Sister projects such as its Bee Gees biopic at Paramount; Good Grief at Netflix; and My Ex-Friend’s Wedding and The Woman in Cabin 10 at Sony.
Under Snider’s leadership, Sister acquired a range of dynamic companies including the podcast company Campside Media, the publishing company Zando, and the comic book company AWA, which was launched by Marvel alums.
Snider also brought in projects such as a series adaptation of Alana Urquhart‘s bestselling novel The Butcher and the Wren and Tobias Lindholm‘s 9/11 responders series The Best of Us, which will star Jeremy Strong. She also inked first-look deals with David Yates‘ company and Game of Thrones EP Carolyn Strauss.
“From the inception of Sister, Stacey’s unrivaled development and organizational skills as well as her talent relationships and unerring sense of the marketplace have been foundational in our approach to the Sister culture and business plan,” Murdoch told Variety. “As Sister evolves, we are grateful that she has agreed to continue bringing some of our projects to fruition and remains committed to creating compelling entertainment for a global audience.”
“As one of the three founders of Sister, I have always been committed to our goal of creating, supporting, and investing in quality content from a wide range of talented creatives including filmmakers, writers, producers, and valued flywheel partners,” Snider added in a statement. “I am proud of the incredible work we have done together and honored to have built such an amazing team in the U.S.”
Snider previously ran 20th Century Fox, which Murdoch’s family owned before selling it to Disney in 2019. Snider served as the chairman of Universal Pictures and the CEO of DreamWorks, while Murdoch founded Shine Group, and Featherstone produced hits such as HBO’s Emmy-winning limited series Chernobyl.
Variety broke the news of Snider’s exit.