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RLJ Entertainment Appoints Drew Wilson Chief Financial Officer


RLJ Entertainment (NASDAQ: RLJE), announced today that it has named Drew Wilson as its Chief Financial Officer effective immediately. Mr. Wilson is succeeding John Avagliano, who has left RLJ Entertainment to pursue other opportunities.

RLJ Entertainment, founded by Robert L. Johnson, founder of Black Entertainment Television and The RLJ Companies, is a leading creator, owner and distributor of media content across digital, broadcast and physical platforms. RLJ Entertainment leverages its branding expertise, access to content and direct to consumer skills to optimize the value of its programs for distinct audiences. RLJ Entertainment, where Johnson serves as chairman, was formed in October 2012 through the business combination of RLJ Acquisition, Inc., Image Entertainment, Inc. and Acorn Media Group, Inc.

Miguel Penella, RLJ Entertainment Chief Executive Officer, said, “Drew is a great fit for our management team. His stellar track record of managing financial operations for a public media and entertainment company will be incredibly valuable as we execute on our strategy to become a major player in targeted digital entertainment.

“I also want to thank John Avagliano for his contributions to the company, specifically his work in helping form RLJ Entertainment. We wish him well in his future endeavors.”

Mr. Wilson most recently served as Senior Vice President and Chief Financial Officer for the Discovery Communication's Digital, Commerce and Education divisions. In that role, Mr. Wilson was responsible for strategic business operations, business development support and the finance functions for Digital Media, Digital Distribution, Ecommerce, Licensing, School Content Streaming, catalog, sponsorship and school assessment businesses. Mr. Wilson also recently held the position of Senior Vice President, Corporate Controller for Discovery Communication worldwide. Mr. Wilson previously was Vice President and Controller of the International Networks division of Discovery Communications. Prior to Discovery, Mr. Wilson served as Director of Corporate Accounting and Reporting for Host Marriott Corporation. Mr. Wilson started his career at PricewaterhouseCoopers in the Washington DC office.

Mr. Wilson added, “I am delighted to join RLJ Entertainment, which I believe has tremendous growth prospects ahead of it. I look forward to working with Miguel and the rest of the team to capitalize on a portfolio of terrific assets and to take advantage of an evolving media and entertainment landscape.”

Posted-In: News Management


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