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Thunderbird Entertainment appoints ex-Lionsgate CFO Marni Wieshofer as Lead Director

Marni Wieshofer also served as executive vice president of corporate development at Lionsgate where she oversaw the company's mergers, acquisitions, and other strategic financial initiatives

Thunderbird Entertainment Group Inc - Thunderbird Entertainment appoints ex-Lionsgate CFO Marni Wieshofer as lead director
Wieshofer also was granted options to purchase 250,000 shares at C$1.32 per share for seven years

Thunderbird Entertainment Group Inc (CVE:TBRD) (OTCMKTS:THBRF) announced Monday that industry veteran Marni Wieshofer has been appointed Lead Director of the company’s board.

She served as CFO and executive vice president of corporate development at Lionsgate Entertainment where she oversaw the company's mergers, acquisitions, and other strategic financial initiatives.

"I have had the privilege to work with Marni as our CFO when I launched Lionsgate over 20 years ago," said Frank Giustra, major shareholder and board member of Thunderbird, in a statement.

READ: Thunderbird Entertainment posts healthy increase in revenue thanks to success of popular programs

"I know firsthand that her experience and reputation in the media industry in the US and internationally is second to none. I am so pleased to pass the role of Lead Director to Marni because the company will benefit immensely from her expertise during this period of growth for both Thunderbird and the industry."

Her background also includes being a managing director in Houlihan Lokey's TMT Corporate Finance Group, based out of Los Angeles, providing M&A, capital markets, financial restructuring and financial advisory services. 

Before joining Houlihan Lokey, Wieshofer was a managing director at MESA, a boutique advisory investment bank, where she spearheaded investment banking, strategy, and valuation engagements for companies throughout the media space. 

"I am delighted to join the board and have the opportunity to work alongside Frank Giustra again," said Wieshofer. "I look forward to working with Brian, Jenn and the entire team to build on what they have accomplished to date. Together, we will further Thunderbird's focus on developing global brands, creating strong industry relationships, producing quality programming, cultivating a true sense of team, and investing in owned-IP."

Thunderbird also said Wieshofer was granted options to purchase 250,000 shares at a price of C$1.32 per share for seven years.

Thunderbird is a Vancouver-based global multiplatform entertainment company with offices in Los Angeles, Toronto, Ottawa and London. The company creates award-winning scripted, unscripted and animated programming for the world's leading digital platforms, as well as Canadian and International broadcasters.

The company’s stock recently traded up 1.5% to C$1.32 a share in Toronto.

Contact the author: [email protected]

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Quick facts: Thunderbird Entertainment Group Inc

Price: 1.3 CAD

TSX-V:TBRD
Market: TSX-V
Market Cap: $60.67 m
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