Management and corporate structure at Wizard Brands has been dramatically altered this week, with a new CEO, a new division and President for events, and other changes. Scott Kaufman, who’s Institutional Investor in Residency at Wizard investor Bristol Capital Advisors (see "Wizard World Secures Financing – At a Cost") will take over as the new CEO, replacing John Maatta. The company also named a new CFO, Heidi C. Bowman, whose background is in private equity.
Longtime Wizard executive Peter Katz, who’s been involved with the company’s events since 2005, was appointed President of a subsidiary we’ve never heard of before, Wizard Special Events, LLC, which operates Wizard World pop culture festivals, Wizard World Virtual, and Wizard World Vault. Peter Avino, who’s been with Wizard since 2014, was promoted to Executive Vice President of the division.
Michael R. Rees was added as CEO of gelatin shot maker subsidiary Jevo Holdings LLC.
With live events at a standstill, Wizard Brands’ revenue was down 79% in its most recent quarter (see "Wizard Revenues Decline 79%").
Peter Katz Tapped to Run Events
Posted by Milton Griepp on November 25, 2020 @ 3:39 am CT
MORE COMICS
On the State of Comics, Marvel and Kids, Superheroes' Declining Share, Improving Publishing
May 1, 2024
In Part 1, we talked about the state of the comics medium and the market, licensing kids titles to others, superheroes’ decline in share, and steps to improve Marvel’s output.
On Direct Market Distribution, Marvel's Publishing Plans, Including a New Program for Kids, More
May 1, 2024
In Part 2, we talked about Marvel’s structure, direct market distribution, Marvel’s title count, Marvel’s publishing plan, including a new program for kids comics, and Marvel’s themes for the year.
MORE NEWS
Transcript of Speech at Pittsburgh Meeting
May 1, 2024
Marvel President Dan Buckley was the keynote speaker at the recent ComicsPRO Annual Meeting in Pittsburgh, and provided us with this transcript.
Breaks Guinness World Record
April 30, 2024
A tournament this past weekend broke the Guinness World Records for the biggest TCG tournament and most entrants in a TCG tournament.