The executive had been serving as the British studio’s chief financial officer and acting CEO since Tim Davie’s departure.

BBC Studios confirmed Tom Fussell as its new CEO on Wednesday to replace Tim Davie, who left office in September of last year to take over as the new CEO of the BBC.

Fussell had served as CFO of the British studio and acting CEO since Tim Davie’s departure.

“In the past year Tom has proven to be an exceptional leader for BBC Studios, leading the company through one of its most difficult times with both conviction and compassion and achieving excellent results,” said Tim Davie.

“BBC Studios is a vital part of the BBC group and an increasingly important help in strategic areas such as quality content, online fairness and, of course, commercial revenue. With ambitions to serve British and international audiences in new ways, my role will be to work with everyone at BBC Studios to strengthen and transform everything we do for the future,” added Tom Fussell.

Fussel joined BBC Studios in 2016 (it was still called BBC Worldwide at the time) as CFO. He had previously been with Shine Group and Random House.

The name of Fussel was one of the great candidates to remain with the position. According to the British press, other names that were found were Jane Turton from All3Media, Sophie Turner from Endemol Shine Group and Cécile Frot-Coutaz from Sky Studios.