Abhijay Prakash is joining Blumhouse as President, the company announced on Monday.
Prakash will oversee all business aspects of the company and succeed Charles Layton, an 8-year Blumhouse veteran, who has been a close advisor to Jason Blum and senior business executive in the motion picture industry for over 30 years.
Layton will segue to Vice-Chairman and will stay on in a strategic and advisory role for the next two years.
Variety first reported the news.
More to come…