Stuart Sucherman announced Monday that he is stepping aside as CEO of Sucherman Consulting Group, the influential firm he founded in 1985 to help entertainment executives navigate the industry.
Sucherman wil remain chairman of the company, while handing over day-t0-day duties to new CEO Erik Sorenson effective Jan. 1.
As the New York Times noted in a rare interview with Sucherman, he has been involved in such major decisions as bringing in Charles Gibson and Diane Sawyer to anchor “Good Morning America,” transitioning CNBC to a focus on market news, and building NBC’s massive cable business.
“I cannot tell you how thrilled I am to make this announcement,” said Mr. Sucherman. “While I have known Erik for over 20 years, working with him over the last few years has reinforced my original perception of him. He has proven to be extraordinarily competent and knowledgeable about the ever-changing media landscape, while, at the same time, evidencing a clear understanding of the words ‘values’ and ‘partnership’. This move ensures that SCG will not only provide continuity to its clients but also has a bright and lasting future.”
SGC began as an adviser to media executives, and in the mid-1990s expanded to add an executive search firm.
“I’m excited to become the CEO of SCG and so proud of the work we do and of the values of our practice,” said Sorenson. “Stuart is a great partner and I’m delighted he will continue to do what he does best: provide daily leadership and vision for our firm, develop new business and continue to advise our clients. His energy and enthusiasm for our industry is legendary and unabated. I’m fortunate that his favorite hobby is understanding and distilling the inner workings of the media industry.”