The shake up at New Regency continues.
Chairman Arnon Milchan has tapped his daughter Alexandra Milchan to be the company's executive vice president of production, TheWrap has confirmed.
The move follows the departure of New Regency chairs Bob Harper and Hutch Parker earlier this month and the appointment of Brad Weston as the company's new president and CEO. Weston was previously the production president of Paramount Pictures.
As part of the overhaul, Milchan pledged to take a more active role in New Regency, reclaiming his chairman post.
“Alexandra has great relationships and a real passion for movies, and we are thrilled to have her back at New Regency,” Weston said. “She will play a central role as we work to return Regency to its roots — producing bold, filmmaker-driven pictures with a singular vision, which will entertain audiences around the world.”
The production company behind blockbusters such as "Mr. and Mrs. Smith" and "Alvin and the Chipmunks" has sputtered in recent months. New Regency projects such as "Marmaduke" and "Love and Other Drugs" were greeted with a cold shoulder by audiences.
Milchan began her film career under the New Regency banner in 1993 as an assistant before working her way to a senior executive position. During her 13-year tenure with the company, she was involved with such projects as "Heat" and "A Time to Kill."
Milchan also boasts a number of film credits through her own company Emjag Productions, where she produced "Street Kings" and "Mirrors," and helped develop "The Wolf of Wall Street" for Leonardo DiCaprio.