In a surprise shake-up, Megan Colligan is stepping down next month as president of Imax Entertainment. The veteran Hollywood executive has been with the leading large-format exhibitor since 2018, when she was tapped by Imax CEO Richard Gelfond to serve as the company’s liaison with Hollywood studios and filmmakers, among other duties. A search is underway for her successor.
Before arriving at Imax, Colligan was president of worldwide marketing and distribution at Paramount Pictures, a post she exited in late 2017. Previously, she gained recognition for her work marketing prestige, Oscar-nominated titles at specialty labels Paramount Vantage and Fox Searchlight. She’s also known for her close ties to top filmmakers.
Much of Colligan’s tenure at Imax Entertainment coincided with the COVID-19 crisis.
“The four years that Megan has been with us were among the most unique and challenging in the history of Imax,” Gelfond said in a memo sent Thursday, informing staff of Colligan’s departure. “Her advocacy for the brand is among the many reasons Imax didn’t just survive the pandemic; we are thriving — poised for a record year of box office and significant network growth across our expansive global footprint.”