Movie Academy Reelects Exec Tom Sherak As President

BEVERLY HILLS (CBS) — Longtime movie executive Tom Sherak was re-elected president Tuesday evening of the Academy of Motion Picture Arts and Sciences by its Board of Governors.

It will be the third one-year term for Sherak as president, who has more than four decades of experience in the movie industry.

He previously was a partner at Revolution Studios, where he oversaw the release of more than 40 films, including "Black Hawk Down," "Anger Management," "Rent" and "Across the Universe."

Sherak held a variety of executive positions at Twentieth Century Fox, including chairman of the Twentieth Century Domestic Film Group and senior executive vice president of Fox Filmed Entertainment.

Oscar-winning actor Tom Hanks was elected for vice president.

(©2011 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)