Steven Mnuchin, the former Hollywood producer who served as Treasury Secretary during President Trump’s first term, has joined the Lionsgate Studios’ board of directors effective immediately.
Mnuchin owns a stake in Lionsgate through his Liberty Strategic Capital investment company. In May 2025, Liberty Strategic Capital upped its stake in Lionsgate Studios to 12.6%.
Mnuchin brings deep financial and regulatory expertise from his tenure as U.S. Treasury Secretary, as well as entertainment industry experience from his leadership at Dune Capital Management – a hedge fund that focused on entertainment industry investments.
Mnuchin co-financed the box office smash Avatar and has more than 35 executive producer credits, including some of the highest-grossing blockbusters of all time. He is now the Managing Partner of Liberty Strategic Capital, a private equity firm focused on technology, financial services, fintech, and new forms of content. His decades of leadership across global financial markets – including as a Goldman Sachs partner, leader of multiple investment and banking platforms, chair of the Committee on Foreign Investment in the United States (CFIUS), and as a member of the National Security Council – equip him with seasoned judgment on risk, governance, capital markets and other financial matters.
“Steven brings a long record of public and private sector leadership and is an exceptional addition to the Lionsgate Board,” Dr. Mark Rachesky, chair of the Lionsgate board of directors, said in a statement. “His steady judgment, global perspective and deep industry insights will be enormously valuable as Lionsgate continues to grow as one of the world’s leading pure-play content studios. Steven and his fund are significant Lionsgate investors, and his interests are aligned with those of Lionsgate shareholders. I and the rest of the Board look forward to working closely with him on the creation of further shareholder value.”
Mnuchin commented: “I have long admired Lionsgate’s creativity, entrepreneurial spirit, and ability to excel in a competitive industry. I am pleased to join the company’s board. Lionsgate’s board and management team are building something dynamic and forward looking, and I am eager to support that momentum. I look forward to helping guide the company in combining strong vision with disciplined execution.”
Mnuchin served as the 77th U.S. Secretary of the Treasury, leading the nation’s financial policy, managing federal finances, strengthening national security through economic and cybersecurity oversight, and implementing major legislation, including the Tax Cuts and Jobs Act and the CARES Act. Prior to public service, Mr. Mnuchin built a decades long career in global finance as a Partner and Chief Information Officer at The Goldman Sachs Group, Inc., Founder, Chairman and Chief Executive Officer of Dune Capital Management, and Founder, Chairman and Chief Executive Officer of OneWest Bank. In 2021, he founded Liberty Strategic Capital, where he currently serves as Managing Partner and chairs the firm’s Investment Committee. He is also a director at Flagstar Bank, N.A. and Chairman of the Board of Directors of Satellogic Inc. He has also served on the boards of major cultural and philanthropic institutions, including the Museum of Contemporary Art Los Angeles, the Whitney Museum of Art, the Hirshhorn Museum and Sculpture Garden on the National Mall, the UCLA Health System, New York Presbyterian Hospital, and the Los Angeles Police Foundation. He holds a bachelor’s degree from Yale University.