Morgan Creek Co-Chair Rick Nicita Exits After 3 Years

The former CAA partner had been at Morgan Creek since 2008

Rick Nicita, co-chair and COO of Morgan Creek Productions, is leaving the company to explore other options.

A talent agent for 42 years before joining the production company in August, 2008, Nicita told TheWrap he may go back to agenting.

"Anything is possible," he said. "I'm going to clear my mind. I've had some approaches."

Nicita was first at the William Morris Agency and more recently was a top agent at CAA, where he eventually became co-chairman.

Nicita's mandate at Morgan Creek was to help revitalize a company that made such hits as "Ace Ventura," "Young Guns," "Major League" and "Robin Hood: Prince of Thieves."

But the only released picture since he arrived has been the  thriller "Dream House," which flopped at the box office this past September, taking only $38.5 million worldwide on a $50 million budget. Nicita was said to be dissatisfied with being outside the hurly burly of movie deal-making. 

When company founder James Robinson hired Nicita, he told the Los Angeles Times that Nicita's "mission is to make sure that we're No. 1."

Morgan Creek's distribution deal with Universal is set to expire in December. Nicita's contract expired in December.

In a written statement, Robinson said,  "Rick's experience and relationships in the movie business have made a major contribution to Morgan Creek during his time with us. I have enjoyed working with him as a partner and I wish him well in his future pursuits. I fully expect and look forward to our professional and personal paths crossing in the near future."

Nicita is married to producer Paula Wagner.