In Moving on Up News: Mellody Hobson Promoted to Chairman of the Board of DreamWorks Animation

DreamWorks Animation SKG, Inc. (Nasdaq: DWA) today announced that Roger Enrico has resigned as Chairman of the Board of Directors for the Company, effective immediately. DreamWorks Animation’s Board of Directors has named fellow Board member Mellody Hobson as the Company’s Chairman of the Board.Mr. Enrico has served as Chairman of DreamWorks Animation since its inception as a public company in 2004. Mr. Enrico formerly served as Chairman and Chief Executive Officer of PepsiCo, Inc., where he spent 31 years.”Roger has been an invaluable leader to our Board of Directors and his guidance helped put DreamWorks Animation on a path to success from day one,” commented Jeffrey Katzenberg. “On behalf of the Board of Directors and our entire management team, I’d like to deeply thank Roger for his unfailing service over the past eight years and wish him the very best in the future.”