Cappa will enable push Candle’s corporate finance attempts together with setting up up a company crew to oversee money arranging and accounting, reporting to Candle CFO Salil Mehta.
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Ostrow will focus on constructing strategic partnerships and producing techniques to strengthen the communities all-around Candle and its organization models and models, reporting to Brent Weinstein, Candle’s Chief Advancement Officer.
Cappa will be centered in LA, Ostrow in New York.
Candle co-founders, co-CEOs and previous Walt Disney colleagues, Mayer and Staggs, identified as the duo “tremendous executives with deep experience, skills and interactions.”’
Cappa most just lately served as head of finance and controller at independent movie and television studio Wiip, guiding the business from start out-up via various rounds of fundraising to its productive sale to JTBC Studios. Prior to Wiip, she was VP of Finance/Accounting at Legendary and Europacorp, performing on essential acquisitions, which includes the sale of Famous to Wanda. She began her media career in finance at Disney.
Ostrow was most recently at UTA for seven many years, creating its electronic method department, then serving as head of consumer strategy for UTA IQ. Earlier, she was at ID PR, and head of new media for The Ellen Present.
Candle, launched final year with fiscal backing from Blackstone Group, is adding execs as it proceeds to expand, most lately buying ATTN, a social media storytelling company for Gen Z and Millennials. That follows deals for Reese Witherspoon’s Hello Sunshine, CoComelon producer Moonbug Amusement, Fauda producer Faraway Productions and a minority stake in Will Smith and Jada Pinkett’s Westbrook.
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