Lionsgate Studios has appointed former United States Secretary of the Treasury Steven T. Mnuchin to its board effective immediately.
Mnuchin served as the 77th Treasury Secretary under Donald Trump from 2017 to 2021 during the president’s first term. He had served as Finance Chairman for Trump’s campaign and as a Senior Economic Advisor to the President in developing his economic agenda.
The former Goldman Sachs banker also co-founded and ran Dune Capital Management, a hedge fund that had focused on entertainment industry investments. Mnuchin co-financed the first Avatar and has dozens of executive producer credits. He’s currently the Managing Partner of Liberty Strategic Capital, a private equity firm focused on technology, financial services, fintech, and new forms of content.
Lionsgate said Mnuchin’s “decades of leadership across global financial markets – including as a Goldman Sachs partner, leader of multiple investment and banking platforms, chair of the Committee on Foreign Investment in the United States (CFIUS), and as a member of the National Security Council – equip him with seasoned judgment on risk, governance, capital markets and other financial matters.”
“Steven brings a long record of public and private sector leadership and is an exceptional addition to the Lionsgate Board,” said Mark Rachesky, chair of the Lionsgate board. “His steady judgment, global perspective and deep industry insights will be enormously valuable as Lionsgate continues to grow as one of the world’s leading pure-play content studios. Steven and his fund are significant Lionsgate investors, and his interests are aligned with those of Lionsgate shareholders. I and the rest of the Board look forward to working closely with him on the creation of further shareholder value.”
“I have long admired Lionsgate’s creativity, entrepreneurial spirit, and ability to excel in a competitive industry. I am pleased to join the Company’s Board,” said Mnuchin. “Lionsgate’s Board and management team are building something dynamic and forward‑looking, and I am eager to support that momentum. I look forward to helping guide the company in combining strong vision with disciplined execution.”
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