Former 20th Century Fox chairman and Academy of Motion Picture Arts and Sciences (AMPAS) president Tom Sherak died on Tuesday after a long battle with prostate cancer. He was 68.

Sherak was head of AMPAS from 2009 to 2012, and was head of 20th Century in the 80s, when he oversaw such classics as "Commando," "Aliens" and the first three films of Bruce Willis' "Die Hard" series. Sherak was also head of the studio for Special Edition releases of the "Star Wars" trilogy, along with the first prequel in George Lucas' saga, "The Phantom Menace."

"With broken hearts we want to share with you the news that Tom Sherak passed away today after a long 12 year battle with prostate cancer," a statement from Sherak's family reads. "He died at home surrounded by his family giving him hugs, kisses, and love."

Sherak was appointed the first ever 'film czar' of Hollywood by Los Angeles Mayor Eric Garcetti back in September and was challenged with finding ways to bring more film production back to the area.

The exec was also one of Tinseltown's biggest charity organizers, helping to raise millions for a number of causes, including the Southern California Multiple Sclerosis Society.