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Kevin Mayer and Tom Staggs’ Candle Media has hired seasoned executives Courtney Cappa and Kendall Ostrow as, respectively, SVP, Finance & Accounting, and SVP, Enterprise Improvement & Local community.
Cappa will aid drive Candle’s corporate finance attempts which includes constructing up a company team to oversee economic preparing and accounting, reporting to Candle CFO Salil Mehta.
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Ostrow will concentrate on creating strategic partnerships and creating strategies to reinforce the communities all around Candle and its business enterprise units and makes, reporting to Brent Weinstein, Candle’s Chief Progress Officer.
Cappa will be primarily based in LA, Ostrow in New York.
Candle co-founders, co-CEOs and former Walt Disney colleagues, Mayer and Staggs, identified as the duo “tremendous executives with deep working experience, capabilities and associations.”’
Cappa most just lately served as head of finance and controller at unbiased movie and tv studio Wiip, guiding the firm from commence-up by means of a number of rounds of fundraising to its effective sale to JTBC Studios. Prior to Wiip, she was VP of Finance/Accounting at Famous and Europacorp, performing on important acquisitions, which include the sale of Famous to Wanda. She commenced her media career in finance at Disney.
Ostrow was most recently at UTA for seven several years, constructing its digital technique division, then serving as head of shopper method for UTA IQ. Beforehand, she was at ID PR, and head of new media for The Ellen Exhibit.
Candle, introduced final 12 months with economic backing from Blackstone Team, is introducing execs as it proceeds to expand, most not too long ago attaining ATTN, a social media storytelling organization for Gen Z and Millennials. That follows promotions for Reese Witherspoon’s Hello Sunshine, CoComelon producer Moonbug Enjoyment, Fauda producer Faraway Productions and a minority stake in Will Smith and Jada Pinkett’s Westbrook.
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