London-based Target Entertainment sees its founder, Alison Rayson (pictured, left), step down as CEO while Emmanuelle Namiech (right) comes on board as MD.
Rayson said she is leaving the company to pursue new ventures, having been with Target for 13 years. She will continue to work on projects with the company.
She said: “It has been an incredibly tough decision to make, but also a positive and amicable decision. I am proud of how far Target has come since I founded it 13 years ago, but now feel ready to explore new opportunities in my professional life. I’m happy leaving the company in a strong commercial position and in the hands of an incredibly capable new MD.”
Rayson worked with Metrodome Group, which acquired Target last year, to find an MD that would continue Target’s growth. Namiech joins Target in November and will work with Metrodome’s chairman and CEO Mark Webster and Target’s management team to expand the international rights management business.
She brings experience from previous roles, which include senior VP of global content at FremantleMedia Enterprises, and director of acquisitions and coproductions at ITV Studios Global Entertainment. Namiech has also served as director of acquisitions and coproductions at Granada International and Territory, and coproduction manager at Carlton International.
Webster said: “[Alison] will be missed greatly by us, but we appreciate that the time is right for her to seek a fresh challenge elsewhere. We are delighted to welcome an MD of Emmanuelle’s caliber to Target and look forward to working with her to further expand the company.
“Emmanuelle will be taking over the day-to-day running of the business on Alison’s departure and there will be handover with the business continuing as normal going forward.”