Craig White, EVP, Worldwide Sales & Distribution for Home Entertainment, is also departing the company.
Chief Content Licensing Officer Dan Cohen relayed the leadership news toParamount Picturesemployees in a memo.
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Buchi held the title of President, while Alvarez comes in as EVP, Head of Home Entertainment.
In most cases, that difference in title is more advantageous for companies looking to rein in costs.
Here is Cohens full memo:
All,I want to share an important leadership update with you.
)Previous to Fox, he managed the Americas content partnerships team for Google Play/YouTube Movies & TV.
