Peter Scarlet has been promoted to artistic director and Nancy Schafer has been promoted to co-executive director of the Tribeca Film Festival.

Jennifer Maguire Isham, who served six years as festival president, becomes executive vice president of Robert De Niro, Jane Rosenthal and Craig Hatkoff's Tribeca Enterprises and will seek out global business opportunities. The position of festival president has been retired until further notice.

Scarlet will continue to act as chief programmer of the festival in addition to his new responsibilities, and will assume an ambassadorial role for the festival with particular focus on the international community.

Schafer will share her position with Paola Freccero, who joins the company full-time as co-executive director. Schafer and Freccero will also hold posts as senior vice presidents of Tribeca Enterprises.

Together they will jointly oversee the festival's day-to-day operations, with Schafer overseeing film and industry operations and Freccero overseeing content production, website and special events.

Both will report to Tribeca Enterprises chief operating officer Jon Patricof on business affairs and Rosenthal on all creative matters.

'Peter, Nancy, and Paola bring more than 50 years of experience to this festival as it moves into its seventh year,' Rosenthal said.

'Together they comprise an extraordinarily innovative and talented leadership team which will lead the Tribeca Film Festival as it continues to evolve from both an industry and consumer perspective.'