LOS ANGELES, CA, JANUARY 7, 2011 – Relativity Media, LLC announced today that COO Andrew Marcus has been promoted to the post of President, Corporate Development & Strategy. In addition, Marcus, who has been at RML since 2005, extended his contract through 2013. In this new position, Marcus will focus on identifying and securing strategic and financial partnerships, building new capital markets relationships and will seek M&A opportunities as RML looks to grow the company into new business lines and markets. Marcus will report directly to RML CEO, Ryan Kavanaugh.
“Andrew has been a great partner and integral part of Relativity—we’ve built a strong company together,” said Ryan Kavanaugh. “The goal moving forward will be to leverage the extraordinary platform that we have created and continue our growth.”
“In a remarkably short period of time, we’ve grown from primarily a financial based, transactional business to a fully functioning studio,” said Marcus. “We have put a terrific structure in place for all aspects of our business. I am thrilled to be in a position to capitalize on all our hard work and seek those opportunities that will keep Relativity ahead of the curve.”
Since joining Relativity in 2005, Marcus has overseen company operations, business development, M&A, and execution for RML transactions as well as the building and managing of the company’s international and domestic distribution and finance relationships.