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Associated Press

Film executive Tom Sherak has been elected president of the Academy of Motion Picture Arts and Sciences.

The academy's board of governors elected the entertainment-industry veteran Tuesday. Sherak, 64, an executive with more than four decades in the movie business, had served as treasurer for the last year. Now working as a consultant with Marvel Studios, Sherak was a partner in Revolution Studios, held various positions at Fox and worked at Paramount.

He succeeds Sid Ganis, who was termed out after four years as president.

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