Burbank, CA, October 20, 2011- Legendary Entertainment has named former Chairman of the Board, President and Chief Executive Officer of Procter & Gamble, A.G. Lafley, to its Board of Directors. Mr. Lafley joins a board comprising Legendary's Chairman and CEO, Thomas Tull, as well as Jim Breyer, Larry Clark, Dick Cook and Joe Roth.
In making the announcement Mr. Tull stated: "I am pleased to welcome A.G. to our board. He is a significant addition during a time of development and opportunity at Legendary."
Mr. Lafley stated: "I believe in Legendary, and I look forward to working with Thomas, his leadership team, and my fellow directors."
Mr. Lafley is the former Chairman of the Board, President and Chief Executive Officer of Procter & Gamble. With Lafley at the helm, sales doubled, profits quadrupled, and the Company's market value increased by over $100 billion dollars making P&G among the most valuable companies in the world. He graduated from Hamilton College in 1969, joined the U.S. Navy in 1970, earned an MBA from Harvard Business School in 1977, and then joined P&G. Mr. Lafley currently serves as Special Partner at Clayton, Dubilier & Rice and as Director of the General Electric Company.
He has been recognized as Chief Executive Magazine's CEO of the Year, and has received the Peterson Award for Business Statesmanship and the Edison Achievement Award for Innovation. Mr. Lafley is also the co-author of The Game Changer, a book on innovation, and author of Harvard Business Review articles, "What Only the CEO Can Do" and "The Art and Science of Finding the Right CEO."
About Legendary Entertainment
Legendary Entertainment is a leading media company with film (Legendary Pictures), television (Legendary Television) and comics (Legendary Comics) divisions dedicated to owning, producing and delivering content to mainstream audiences with a targeted focus on the powerful fandom demographic. Through complete or joint ownership, Legendary is building a library of marquee media properties and has established itself as a trusted brand which consistently delivers high-quality, commercial entertainment. Among the wholly-owned projects that Legendary Pictures is currently developing in-house are an adaptation of the phenomenally successful interactive game universe Warcraft; Godzilla, based on Toho Company's famed character; Paradise Lost directed by Alex Proyas; Seventh Son directed by Sergei Bodrov; Warren Ellis' Gravel; and Mass Effect, based on Electronic Arts' and BioWare's hit videogame franchise. With partner Warner Bros., Legendary's productions include the upcoming Pacific Rim directed by Guillermo del Toro, the critically acclaimed Inception, which has been a box office smash grossing more than $823 million worldwide, as well as the global blockbusters Clash of the Titans ($493 million worldwide), The Dark Knight ($1 billion worldwide), 300 ($456 million worldwide), The Hangover ($467 million worldwide), and the recent smash hit, The Hangover Part II ($575 million worldwide), which holds the distinction of posting the highest opening weekend gross ever for a comedy film. Legendary Comics issued its inaugural release, Frank Miller's Holy Terror, this fall with a slate of other books in its publishing line-up to follow.