Erik Feig, a longtime Summit Entertainment executive, has been named co-president of the Lionsgate Motion Picture Group, the studio announced Tuesday.
Feig, who has signed a new long-term deal with the Santa Monica-based company, oversees film production and development for the Lionsgate and Summit movie labels.
As part of the promotion, Feig will receive expanded responsibilities for the film group's business operations.
He previously served as the studio's president of production. Feig became part of the Lionsgate fold after its January 2012 acquisition of Summit, where he had been the head of production and was a partner for 11 years.
Among the movie projects Feig has overseen have been the blockbuster "Twilight" film series, "The Hunger Games: Catching Fire" and "Now You See Me."
"Erik has assembled a tremendous production slate over the past two years, and he will be a critical, innovative and disruptive part of our future as we continue to evolve as a next generation global content leader," Lionsgate Chief Executive Jon Feltheimer said in a statement.
Feig will continue to report to Rob Friedman and Patrick Wachsberger, co-chairmen of the Lionsgate Motion Picture Group. He will share the co-president title with Steve Beeks, who also continues as Lionsgate's co-chief operating officer.
"Erik has established a phenomenal track record during his years at Summit and Lionsgate, distinguished by superb talent relationships and a critical eye for identifying, developing and producing a diverse portfolio of film franchises and other world-class branded properties," Friedman and Wachsberger said in a statement.