EXCLUSIVE: MRC has appointed Chris O’Connell CFO, and he will report to the entertainment company’s co-CEOs and co-founders Asif Satchu and Modi Wiczyk.
O’Connell, who most recently served as Executive Vice President, Corporate Finance and Chief Financial Officer, Global Content and Distribution at Eros STX, will oversee corporate finance, financial planning and analysis, financial operations. , MRC treasury, accounting and tax matters. He will lead the optimization and servicing of MRC’s capital structure and, together with the management team, determine the best combination of debt, equity and financing structures at the project and enterprise level.
At Eros STX, O’Connell led the publicly traded company in its merger and capital raising, and managed financial planning and analysis, business development and treasury. Since joining the STX startup in 2015, he has also worked on securing the company’s Series C and D capital increases, the JPMorgan credit facility and co-financing.
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“Chris will be a vital part of our leadership team, we welcome him to MRC knowing that he will move the business forward with his proven financial history and entrepreneurial spirit,” Satchu and Wiczyk said in a joint statement. at Deadline.
âI am delighted to join the MRC team,â said O’Connell. “The company has a long history of partnering with visionary artists to deliver premium content and I look forward to contributing to its future growth and success.”
O’Connell began his career with JPMorgan’s Technology, Media and Telecommunications investment banking group, before moving to senior roles in strategic planning, business development and investor relations. at DreamWorks Animation SKG and The Walt Disney Studios. He holds a BA in Economics from Yale University and an MBA from the Wharton School at the University of Pennsylvania.
MRC’s independent TV studio currently has ten series either purchased or in production, including AppleTV + ‘s Will Ferrell and Paul Rudd limited series. The narrowing next door November 12, season 2 of Great on Hulu on November 19, as well as on Netflix Ozark, from amazon The list of terminals with Chris Pratt, Peacock’s Poker face with Natasha Lyonne, AppleTV + Shiny girls with Elisabeth Moss and Hello tomorrow!, with Billy Crudup.
On the functionality side, there are seven projects including the recently completed The mother ship, with Halle Berry for Netflix, Jerry and Marge go big with Bryan Cranston and Annette Bening for Paramount +, and Persuasion, with Dakota Johnson and Henry Goulding, for Netflix. MRC Live & Alternative recently announced their streaming expansion with the Academy of Country Music Awards on Amazon Prime Video and are in pre-production on the American Music Prize, starring showrunner Jesse Collins, will air live on ABC on November 21. Release of MRC Non-FIction Spark Brothers, Edgar Wright’s first feature documentary with Focus Features, and is in production on several projects.