Glendale, California – Roger Enrico has resigned as Chairman of the Board of Directors of DreamWorks Animation SKG Inc. effective immediately. Fellow Board member Mellody Hobson will replace him as the new chairman.

Enrico has served as Chairman of DreamWorks Animation since its inception as a public company in 2004. Prior to this, he served as Chairman and CEO of PepsiCo Inc., where he spent 31 years.

“Roger has been an invaluable leader to our Board of Directors and his guidance helped put DreamWorks Animation on a path to success from day one,” said DreamWorks Animation CEO Jeffrey Katzenberg. “On behalf of the Board of Directors and our entire management team, I’d like to deeply thank Roger for his unfailing service over the past eight years and wish him the very best in the future.”