Posted: Tue., Jul. 1, 2008, 2:30pm PT

GreeneStreet restructures

Fisher Stevens exits; Tim Williams is upped

Gotham-based producer-financier GreeneStreet Films has restructured, bidding farewell to co-founder Fisher Stevens, tapping longtime production head Tim Williams to be co-president, and Michael Hogan to be COO.

Stevens -- who is separately producing with Dan Klores an HBO adaptation of their celebrated docu "Crazy Love" -- will selectively produce projects for GreeneStreet.

Williams, a 10-year company vet, oversees production and development out of a West Coast office established in 2006, and will share the prexy title with founding partner John Penotti.

Hogan who was partner and COO at Gotham indie Hart Sharp Entertainment, oversees operations and finance from the company's Gotham headquarters. He had been a consultant to GSF since last year.

Aside from the West Coast office, GreeneStreet has been beefing up by hiring Amy Beecroft to head GreeneStreet Films International, and Eric Spiegelman as consultant on media, digital and Web initiatives.

The company is producing and financing "The Invisible Woman," Matt Reeves' "Cloverfield" followup, and they are developing the Christopher Buckley novel "Boomsday," with Ron Bass and Jen Smolka writing. GSF is readying for Lionsgate release the John Polson-directed "Ternderness"; "Meet Bill," which will be released by First Look; and the Danny Leiner-directed "Balls Out: The Gary Houseman Story," which will be released by Sony.

Said Penotti: "Tim has been a key architect for GreeneStreet's growth and success over the years. Mike has been an extremely valuable consultant to GreeneStreet for several years and we're excited he's joining the company in a fulltime capacity. We will miss Fisher's incredible contributions to our day-to-day operations but are very supportive of his decision to pursue new opportunities, some with us as a producer."


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