Former Summit and Marvel exec named CFO of Exclusive Media’s executive board.
Ron Hohauser has been appointed to Exclusive Media’s executive board as chief financial officer with immediate effect.
He has been a financial and strategic consultant to Exclusive for the past year during their expansion into domestic distribution through the launch of their Exclusive Releasing operation.
In his new expanded role as CFO at the company, he will also oversee all film finance strategy for Exclusive Media’s three production labels: UK-based genre label Hammer, LA-based documentary film arm Spitfire Pictures and the flagship Exclusive Media production label.
He will also be a key member of the core executive team focusing on sourcing equity opportunities and building strategic partnerships for the company.
Hohauser was previously CFO at Summit Entertainment. Under his leadership, in 2007 Summit raised over $1 billion in equity and debt financing to support its transformation into a mini-major film studio. He also led the $750 million recapitalization of Summit in 2011 as well as the sale of Summit to Lionsgate in January 2012 for over $400 million.
Hohauser joined Marvel Studios in 2004 to assist the company in raising production financing for a slate of films based on Marvel characters. Before leaving Marvel in 2006 as svp of finance and operations of Marvel Studios and CFO of Marvel’s production entities, Hohauser led Marvel to close a $525 million film production credit facility.
Exclusive Media’s co-chairmen Nigel Sinclair and Guy East said: “Ron Hohauser has an impeccable history of steering companies through growth to strong commercial success and his expertise particularly in raising finance will be invaluable as Exclusive Media continues to expand its production and distribution operations.”
Hohauser will sit on the board alongside Sinclair, East, Simon Oakes and Marc Schipper.
Exclusive has also promoted Chris Lytton to the position of evp business and legal affairs and general counsel. Lytton joined Exclusive in 2011 and previously held positions at Morgan Creek Productions and Beacon Pictures.
Exclusive current productions include Rush, Parkland and Can a Song Save Your Life? all of which premiered at last week’s Toronto International Film Festival. Exclusive Media represented a further four titles at the festival.
Other current Exclusive Media titles include A Walk Among the Tombstones, starring Liam Neeson; Hammer title The Quiet Ones; Dark Places, starring Charlize Theron; Jackie Chan film Skiptrace; Pele, based on the football star; Formula 1 documentary 1, narrated by Michael Fassbender; and horror sequel The Woman in Black: Angel of Death.