DreamWorks Animation Hires DirecTV Executive as Chief Financial Officer

Current CFO Lew Coleman will focus on the duties he received as vice chairman earlier this month

Fazal Merchant
DreamWorks Animation

DirecTV executive Fazal Merchant is joining DreamWorks Animation as chief financial officer in September, the studio announced on Monday.

Merchant,  senior vice president and CFO of DirecTV Latin America, replaces Lew Coleman, who was recently promoted to vice chairman in an effort to focus on global growth initiatives.

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Merchant will officially start with DreamWorks on Sept. 15.

“As we transition and augment our executive leadership team to best fit the needs of the company, I’m thrilled to welcome Fazal into the role of CFO,” Coleman said in a statement. “He brings with him not only passion for our business, but also experience drawn from senior leadership roles across multiple industries, which will be an incredible asset as we continue to grow and diversify.”