The former president of Mandalay Pictures began her new role Monday and will report to STX Motion Picture Group President and Chief Content Officer Oren Aviv.
Schulman won an Academy Award for Best Picture and the Independent Spirit Award for Best First Film for 2004's "Crash," which she produced. She also produced "The Illusionist," written and directed by Neil Burger, starring Edward Norton, Paul Giamatti and Jessica Biel.
While in the role of president of Mandalay Picture for the past eight years, Schulman worked on "Dark Places" (based on the best-selling novel by "Gone Girl" author Gillian Flynn), "The Voices" and "Soul Surfer."
Schulman is also president of Women in Film, a Board Member of Film Independent and a graduate of Yale University.
STX Entertainment is a fully integrated motion picture and television studio specializing in the production, marketing, and distribution of talent-driven films and television programming. It recently announced it will release between 12 and 15 films starting in 2016.
STX's upcoming films include "The Gift," a contemporary psychological thriller from Jason Blum's Blumhouse, directed by Joel Edgerton and starring Jason Bateman, Rebecca Hall and Edgerton, a remake of the "Secret in Their Eyes" starring Chiwetel Ejiofor, Nicole Kidman and Julia Roberts, and "The Free State of Jones," starring Matthew McConaughey, Gugu Mbatha-Raw, Keri Russell and Mahershala Ali from writer-director Gary Ross.
On the small screen, STX has an output deal with Showtime that runs through 2019.
Variety first reported Schulman's new role.