Chris Albrecht will remain Starz CEO through 2020, thanks to a new employment agreement.
Effective Friday, he’ll also add the “President” title to his office door.
“Chris has developed Starz into a leading, innovative entertainment brand with award-winning original programing that resonates with U.S. and international audiences,” Greg Maffei, chairman of Starz, said. “He has made remarkable contributions to the business over the past six years, and we look forward to his vision creating even more value for distributors, partners and shareholders.”
“I am excited to move forward with my role at Starz and want to thank Greg and the Board for their continued support,” Albrecht added.
“We have a tremendous runway for growth,” he continued. “I am more enthusiastic than ever about our strong and resilient subscription-based business model and commitment to make Starz an innovative global brand with an eye to the future.”
Just last week, the company named Jeffrey Hirsch COO.