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Jake Gyllenhaal stars in the first trailer for The Guilty on Netflix!

Jeff Kleeman has stepped in as CEO for Bold Films, taking over for Gary Michael Walters, whose March departure from the company after nearly 20 years was just announced.

Bold Film’s longtime CEO Gary Michael Walters has stepped down to launch his own venture, Walters Media Group.Walters Media Group will focus on the development of studio-caliber film and television projects, independent film financing and production, and strategic consultancy to high-net-worth investors and media companies, Walters announced Thursday.“I am deeply appreciative of all the support Bold Films have given me over the past two decades,” Walters said in a statement. “I will miss my Bold family, but I have been yearning to create my own company for some time, and I am very excited to announce my upcoming slate shortly.”Walters, who has been with Bold Film since its founding in 2004, has produced as well as executive produced all of the company’s film and television projects, including “Whiplash” starring Miles Teller and JK Simmons, directed by Damien Chazelle; “Nightcrawler” starring Jake Gyllenhaal and Riz Ahmed, directed by Dan Gilroy; and “Drive” starring Ryan Gosling, Carey Mulligan, Bryan Cranston, Oscar Isaac and Albert Brooks, directed by Nicolas Winding Refn.Bold’s commercial successes include action thriller “No Escape” starring Owen Wilson and Pierce Brosnan, and apocalyptic horror feature “Legion” with Paul Bettany and Dennis Quaid.

Rebecca Rubin Film and Media Reporter Bold Film’s longtime CEO Gary Michael Walters has stepped down to form Walters Media Group. Walters has been with Bold Film since its founding in 2004 and served as producer and executive producer all of the company’s film and television projects, including Damien Chazelle’s “Whiplash” starring Miles Teller and JK Simmons; Dan Gilroy’s “Nightcrawler,” with Jake Gyllenhaal and Riz Ahmed; and “Drive” starring Ryan Gosling, Carey Mulligan, Bryan Cranston and Oscar Isaac. Other notable projects that Walter worked on at Bold Films include the action thriller “No Escape,” featuring Owen Wilson and Pierce Brosnan, and the apocalyptic thriller “Legion,” with Paul Bettany and Dennis Quaid. More recently, Walters was Emmy-nominated for HBO’s “Oslo” and produced Netflix’s “The Guilty” starring Jake Gyllenhaal and directed by Antoine Fuqua.

Bold Films’ longtime CEO Gary Michael Walters has stepped down from his position to form Walters Media Group.

EXCLUSIVE: We are hearing that New Regency has boarded Craig Gillespie’s Chippendales film project starring Dev Patel as co-financier with Bold Films.

Ruth Wilson is joining Andrew Scott for her next big role in HBO’s Oslo, THR reports.