Following the departure this week of Tom Quinn and Jason Janego to the Weinsteins’ new digital distribution venture, Begley is promoted from vp to svp of acquisitions and Cowal rises from vp to svp of marketing and publicity.

In the company’s tenth anniversary year president Eamonn Bowles also announced that director of acquisitions Peter Van Steemberg is relocating from New York to Los Angeles to establish a West Coast presence.

Four-year veteran Begley will oversee buying for Magnolia, Magnet Releasing, Magnolia Home Entertainment and Magnolia International.

Cowal has been with the company since 2007 and will collaborate with Begley. They both report to Bowles.

Magnolia’s executive suite includes head of business and legal affairs Chris Matson, head of distribution Neal Block and head of international sales Laird Adamson.