Starz has named Jim Kapenstein, a seasoned executive with an extensive background at Disney, as its new Chief Legal and Strategy Officer. This key appointment, effective next week, places Kapenstein directly under the supervision of Starz President and CEO Jeffrey Hirsch, who formally announced the news this Monday. His role will encompass guiding the company's strategic and legal frameworks.
Kapenstein's responsibilities will be broad, covering the strategic development and leadership of business and legal aspects for Starz. This includes vital areas such as distribution agreements, securing content, overseeing production processes, managing litigation, addressing employment matters, and ensuring legal and regulatory compliance. Furthermore, he will be instrumental in directing significant corporate transactions, including mergers and acquisitions, and managing the company’s governance and public company obligations, succeeding former General Counsel Audrey Lee and Chief Strategy Officer John Penney.
Hirsch emphasized Kapenstein's unparalleled experience, particularly his involvement in some of the media industry's most significant transactions. Kapenstein's nearly three-decade tenure at Disney, most recently as Deputy General Counsel, saw him play a pivotal role in major acquisitions like 21st Century Fox, Hulu, Lucas Films, Marvel, and Pixar, alongside ESPN's investment with the NFL. Kapenstein expressed his enthusiasm for joining Starz during a period of considerable growth, highlighting the company's successful digital streaming business and his eagerness to contribute to its continued strategic expansion and market opportunities, supported by a robust legal and corporate governance structure.
This strategic hire underscores Starz's commitment to enhancing its leadership team with seasoned professionals capable of navigating the complex media landscape and fostering growth. Kapenstein's expertise is expected to be a significant asset as Starz continues to innovate and expand its global presence, demonstrating a forward-looking approach to business development and corporate integrity.