Sid Ganis speaks at the 79th Academy Awards Foreign Language Film Award reception at the Samuel Goldwyn theater in Beverly Hills, California February 23, 2007.[Reuteres]

 

The Academy of Motion Picture Arts and Sciences, which awards the Oscars, said on Wednesday it re-elected Sid Ganis to his third straight term as president and made actor Tom Hanks one of its vice presidents.

Ganis is a film industry veteran who has been on the academy's Board of Governors for 21 years. He has been an executive with several film companies including Columbia Pictures and Paramount Pictures.

Hanks won two Oscars for best actor in 1993's "Philadelphia" and 1994's "Forrest Gump." He had previously served as a governor of the academy's actors branch, and has a long history in Hollywood as both an actor and producer.

In addition to Ganis and Hanks, the academy named several other officers to various posts. The Oscars, or Academy Awards, are the film industry's top honors given out annually.