The Vancouver-based company also said that Ivan Fecan is transitioning from his role as the board’s executive chair to focus on producing premium content for Thunderbird, including the award-winning sitcom Kim's Convenience.
"I wish to personally thank Ivan Fecan for his dedication and leadership as we built Thunderbird's business together over the past six years,” said Frank Giustra, lead director on Thunderbird's board and founder of Lionsgate Entertainment, in a statement. “I have known him since my Lionsgate days and have always regarded Ivan as a national treasure.”
CEO Jennifer Twiner McCarron added that “we are delighted he (Fecan) will continue to be part of our company as one of the best content creators working in Canada today.”
Fecan is a well-regarded North American media executive, producer and philanthropist, who has served as vice president, creative affairs at NBC, head of English television at the Canadian Broadcasting Corporation, and CEO and president of CTVglobemedia.
Paes-Braga is a large shareholder of Thunderbird and has been an active board member since October 2018, the company said.
He is a principal at SAF Group, a leading structured credit and merchant banking firm, and previously he was founder and CEO of Lithium X Energy Corp.
“After making my initial investment in the company nearly two years ago, I have personally witnessed both management execution and industry fundamentals get exceptionally stronger,” he said.
“I am looking forward to engaging my passion for building high-growth companies in this role alongside my business partner, Frank Giustra.”
Thunderbird operates three production divisions, including Atomic Cartoons, Great Pacific Media and Thunderbird Productions, which focuses on scripted content.
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