Amy Pascal to Step Down From Top Sony Post

February 5, 2015 5:10 PM

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Amid the fallout of the Sony hacking crisis, Amy Pascal will step down from her post as co-chairman, Sony Pictures Entertainment. The move has been widely expected ever since the studio became engulfed in one of the worst cyber attacks in corporate history and certainly the most embarrassing hit ever taken by a major Hollywood institution in the digital age.

As often is the case with ousted studio heads, Pascal will launch a major new production venture at the studio. Pascal, whose deal was up in March, will transition to the new venture in May.

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