By Nigel M Smith | Indiewire October 26, 2010 at 4:40AM
The Weinstein Company has added a new division to their company, hiring financing veteran David Hutkin to launch a Strategic Initiatives, Investments & Banking Group. As EVP of the Group, Hutkin will oversee all strategic banking relationships, and on a more entrepreneurial level he will also work to mesh creative financing with the industry relationships he had forged over the years, and that already exist a TWC. Also joining the new Group will be Vivian Tarn, AVP, Strategic Initiatives, Investments and Banking, who has worked with Hutkin over the past seven years.
Prior to taking on the position at TWC, Hutkin spent 17 years focused in senior structured and corporate debt underwriting within the entertainment field at the Bank of America, The Lewis Horwitz Organization, and most recenctly as SVP and division manager at FCB Entertainment Finance/First California Bank. Early transactional work included "My Big Fat Greek Wedding," "Monster," "The Upside of Angers," and "The Illusionist."
"We are excited to launch this new division under David, one of the few people I know with both the personality and experience to deal with these very sophisticated financing structures,” offered Harvey Weinstein in a statement. "As we continue to grow the company, we look to David to help manage these relationships and bring new ones to the table."