According to Variety, DreamWorks has bought the pitch CEO by Ian Roberts and Jay Martel for Adam McKay to direct and produce.

The story concerns the chief exec of a company who is demoted to the mailroom and has to work his way back up.

Former "Saturday Night Live" scribe McKay, who developed CEO with Roberts and Martel, last teamed with DreamWorks on Anchorman: The Legend of Ron Burgundy. He's also attached to Sony's Talladega Nights, starring Will Ferrell, as a writer and director.