Katie Holmes @ Costume Designers Guild Awards

Katie Holmes slips into a slinky gun-metal grey Azzaro gown and presents the Swarovski President’s Award to United Artists Entertainment CEO Paula Wagner onstage during the 10th Annual Costume Designers Guild Awards VIP reception held at the Beverly Wilshire Hotel in Beverly Hills on Tuesday.

In 2006, Wagner and Katie’s husband, Tom Cruise, acquired a small stake in United Artists. Wagner was named CEO, while Cruise as producer. The deal allowed Cruise and producing partner Paula to run their company and make deals to produce films.

25+ pictures inside of Katie Holmes @ the 2008 Costume Designers Guild Awards…