Tom Ascheim, previously the executive vice president and general manager of Nickelodeon Television and CEO of Newsweek, has been tapped as the the new president of ABC Family, effective immediately.
Ascheim replaces Michael Riley, who announced his departure in September.
He will report to Anne Sweeney, the co-chair of Disney Media Networks and president of Disney/ABC Television Group.
Sweeney, who worked with Ascheim at Nickelodeon, said, “I knew Tom during my time at Nickelodeon, and always thought he was an incredibly smart, strategic executive. Since then, he has only reinforced my opinion of his abilities. Whether in print, television, or the financial sector, Tom has gone from success to success. He has a proven capability of leading creative teams, and I’m thrilled that he’ll now bring his innovative, entrepreneurial spirit to bear on behalf of ABC Family and the Disney/ABC Television Group.”