AceShowbiz - Dawn Hudson is stepping down as the most embattled Academy of Motion Picture Arts and Sciences CEO, revealing her current term will be her last.
Hudson signed a new deal in March 2020 and she'll serve her final term before exiting. An actual departure date has not been revealed, but her contract ends in May 2023.
Announcing the news on Monday, October 18, Dawn said, "After more than ten years and the incredibly successful opening of our new museum, I've decided, when this term concludes, it will be time for me to explore other opportunities and adventures as this can hardly be topped."
"We've achieved so much together that's been most important to me - our ongoing commitment to representation and inclusion; adapting the Academy into a digitally sophisticated global institution; and creating the world's premier movie museum that will be the destination of film fans for decades. The Board of Governors and I are mutually committed to a seamless transition to new leadership. I'm excited for what the future holds, for both the Academy and for me."
Academy President David Rubin chimed in, "Dawn has been, and continues to be, a groundbreaking leader for the Academy. Advancements in the diversity and gender parity of our membership, our increased international presence, and the successful opening of a world-class Academy Museum - a project she revived, guided and championed - are already part of her legacy."
"I know the Board of Governors joins me in looking forward to our collaboration with Dawn in the many months ahead, as we map out a plan for succession," David added.
During her tenure, Hudson, who became the AMPAS CEO in 2011, has dealt with the "Moonlight" mix-up at the Oscars, the #OscarsSoWhite controversy, and the impact of the Black Lives Matter and #MeToo movements, which led to membership and rules changes.
Hudson previously ran Film Independent and the organization's Independent Spirit Awards and the now-defunct Los Angeles Film Festival.