James Schamus
Brian Brooks Former Focus Features CEO James Schamus.

James Schamus has signed a new contract as CEO of Focus Features -- but now he has a co-CEO in Andrew Karpen, who has been promoted from his prior role as president.

Karpen, who joined Focus in 2003 and became its president in 2006, will continue reporting to Schamus.

While both men oversee all aspects of the company, Karpen oversees global business strategy and digital initiatives.

In Cannes, Focus Features International will be selling Mike Leigh's next film, an Amy Winehouse documentary, Michael Cuesta's upcoming "Kill the Messenger" and "Black Sea" starring Jude Law. Another FFI title, "The Last Days on Mars, starring Liev Schreiber and Olivia Williams, will premiere in the Directors' Fortnight.