Reid Sullivan will oversee the financial affairs for Allen’s theatrical and digital movie distribution businesses.

Byron Allen’s Entertainment Studios has named Reid Sullivan as CFO of its motion picture division.

Sullivan was most recently CFO of CBS Films for 11 years, where he helped launch the startup division for CBS Corp. In his new post at Entertainment Studios Motion Pictures, he will be based at the headquarters in Los Angeles.

“Reid’s extensive accounting and financial experience makes him the ideal executive team leader as we continue to aggressively pursue production and acquisitions of quality content for both our theatrical and digital distribution units,” Allen, chairman and CEO of Entertainment Studios, said Thursday in a statement.

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