MUMBAI: Paramount Pictures president of production Elizabeth Raposo has exited the studio. This move comes after Emma Watts has taken the leadership of the motion picture group.
Raposo had served in the top role for three years. Her departure from the company was announced in a note to staff authored by Emma Watts, the studio's newly installed motion picture group president under Paramount CEO Jim Gianopulos.
Raposo played a pivotal role in movies like Rocketman, A Quiet Place, Mission: Impossible—Fallout and Bumblebee. She has also been part of the latest Star Trek films and the upcoming Top Gun: Maverick. She took over as production president following the exit of Marc Evans.
"With her great taste and incredible talent relationships, Liz has been instrumental in many of the company’s past and recent successes," Watts wrote in a note to staff that referenced the many films Raposo has been involved with. "We thank Liz wholeheartedly for her many years of service and countless contributions to the studio, and wish her the very best," Watts continued.
Raposo has been part of the studio for 15 years. Prior to this, she worked at Darren Aronofsky's Protozoa Pictures as director of development.