The new arrivals, whose accomplished track records include top marketing positions at four major studios, will strategise and orchestrate marketing on all Participant ventures. They report to company president Ricky Strauss.
Based in Beverly Hills, Shutt and Jones will immediately commence work on the Sundance opening night film and anti-war protest documentary Chicago 10 by Brett Morgen.
Two other documentary projects in production are Jonathan Demme's portrait of former President Jimmy Carter, He Comes In Peace, and Errol Morris's investigation of the Abu Ghraib prison scandal, S.O.P., which is co-financed by and will be released through Sony Pictures Classics.
Participant is also producing the Afghanistan-set personal drama The Kite Runner, co-financed with Sidney Kimmel Entertainment, produced by DreamWorks and set to be distributed through Paramount Vantage.
'Buffy and Kathy are extraordinary executives - they have worked as a team for years and have earned industry-wide respect for their intelligence, their instincts and, most important, their integrity,' Participant chief executive officer Jim Berk said.
'In addition to overseeing all marketing services, they will play a leadership role in strategic planning, new business development and acquisition integration as we expand to other media channels.'
Shutt and Jones previously served in New York as president of marketing and head of worldwide publicity respectively at Paramount. They set up their own consultancy, Shutt-Jones Communications, before moving to the West Coast to serve as president and executive vice president of marketing for Columbia, later splitting off with TriStar. They joined Universal in 1994 as co-presidents of marketing
Their career credits include Terminator 2: Judgment Day, Bugsy, Philadelphia, Babe, Blue Crush, and 12 Monkeys. They have consulted with Participant on the releases of Good Night And Good Luck, Syriana, and An Inconvenient Truth.