New CFO at DreamWorks Animation

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GLENDALE: Fazal Merchant is joining the team at DreamWorks Animation in the role of chief financial officer, taking over from Lew Coleman, who is moving to the post of vice chairman.

Merchant takes up the new position officially as of September 15. He joins DreamWorks Animation from DIRECTV, where he most recently served as senior VP and CFO of DIRECTV Latin America.

"As we transition and augment our executive leadership team to best fit the needs of the company, I'm thrilled to welcome Fazal into the role of CFO," said Coleman, DreamWorks Animation's vice chairman and acting chief accounting officer. "He brings with him not only passion for our business, but also experience drawn from senior leadership roles across multiple industries, which will be an incredible asset as we continue to grow and diversify."