Cheryl Boone Isaacs elected president of Oscars academy

Cheryl Boone Isaacs, a veteran Hollywood marketing executive, was elected tonight by the board of governors as the new president of the Academy of Motion Picture Arts and Sciences. She will be the academy's first black president, and third woman to hold the position after Bette Davis and Fay Kanin. From Entertainment Weekly:

Among her first responsibilities as president will be the selection of a host for the March 2 Oscar telecast.

The producing team for the broadcast has already been selected by outgoing Academy president Hawk Koch. Neil Meron and Craig Zadan (Chicago, Hairspray, The Bucket List) have signed on to oversee it again, after the ratings success of their first time running the show last February with Seth MacFarlane as emcee.

Boone Isaacs is currently head of her own CBI Enterprises, Inc. where she has advised on such films as The Artist, The King’s Speech, and Precious: Based on the Novel Push by Sapphire. She previously worked as marketing president for New Line Cinema, and was executive vice president of worldwide publicity for Paramount Pictures before that....

The other officers elected by the Board of Governors were Disney/Pixar chief John Lasseter, who becomes first vice president; costume designer Jeffrey Kurland and make-up artist Leonard Engelman, who were elected to vice president positions; producer and film executive Dick Cook, who was elected treasurer; and screenwriter Phil Alden Robinson, who was elected secretary.

Here is the AMPAS release.