LOS ANGELES & NEW YORK, May 20, 2022–(Company WIRE)–Candle Media (“Candle”), the following-technology media business run by Kevin Mayer and Tom Staggs, has hired veteran media executives Courtney Cappa and Kendall Ostrow as Senior Vice President, Finance & Accounting, and Senior Vice President, Business Growth & Neighborhood, respectively. Cappa will help drive Candle’s corporate finance endeavours, such as the creating of the corporate team to oversee financial planning and accounting for the total business, reporting to Candle CFO Salil Mehta. Ostrow will aid push Candle’s enterprise enhancement and neighborhood efforts, with a emphasis on constructing strategic partnerships, and developing impressive approaches built to even further make and reinforce the communities around Candle, its enterprise units and manufacturers. Ostrow will report to Brent Weinstein, Candle’s Main Development Officer. Cappa will be based mostly in Los Angeles, with Ostrow centered in New York.
“We are thrilled to have Courtney and Kendall sign up for Candle,” explained Kevin Mayer and Tom Staggs, Co-Chairmen and Co-CEOs of Candle. “They are tremendous executives with deep expertise, skills and associations and we are self-assured they will participate in pivotal roles in Candle’s ongoing growth.”
Cappa is a seasoned media and amusement market govt, bringing a broad range of strategic, financial and operational experience to Candle from businesses ranging from impartial studio begin-ups to the major leisure conglomerates. Cappa most not long ago served as Head of Finance and Controller at independent movie and tv studio Wiip, wherever she was instrumental in guiding the business from get started-up, by means of several rounds of fund-raising, to its productive sale to JTBC Studios. Prior to Wiip she served as Vice President of Finance/Accounting at Famous and Europacorp, in which she also served guide both providers as a result of durations of considerable growth, worked on various important acquisitions, and lastly the sale of Famous to Wanda, a single of the largest impartial studio deals to date. Cappa commenced her media occupation at the Walt Disney Firm in which she labored in various crucial finance roles like 7 yrs in Company Administration Audit, and she commenced her expert profession as Senior Auditor at Ernst & Young.
In excess of the previous 15 yrs, Ostrow has been at the forefront of the speedily-evolving digital media landscape. She has a potent keep track of record of setting up approaches for makes, media providers and talent, guiding them to capitalize on electronic developments, acquire deeply engaged communities, and leverage recognized and rising social media and commerce platforms. Prior to signing up for Candle, Ostrow expended over seven a long time at United Expertise Company, in which she constructed the company’s Digital Tactic section, and then served as the Head of Customer Tactic for UTA IQ, the agency’s complete-service technique and insights division. Prior to UTA Ostrow was a digitally targeted government at ID PR, and was Head of New Media for The Ellen Clearly show, in which she assisted make and drive their preliminary social media methods.
About Candle Media
Candle is an unbiased, creator-helpful residence for cutting-edge, large-excellent, category-defining makes and franchises that is developed for the electronic age. By bringing jointly elite expertise operating at the intersection of articles, neighborhood, and commerce, it will help placement primary entertainment corporations for accelerated, sustainable development in the present-day sector and past. Candle is run by its Co-Chairmen and Co-CEOs, major entertainment executives Kevin Mayer and Tom Staggs, and backed by investment decision capital from money managed by Blackstone’s flagship private fairness enterprise.
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