Warner Brothers latest release - a CFO
Posted by admin in Career Ladder on Tue, 28/09/2010 - 14:33
Warner Bros UK (WBUK) has hired Sony Pictures executive Tom Creighton as its first chief financial officer.
Creighton has been European finance director at Sony for the past three years. Prior to joining Sony Pictures, Creighton held senior financial roles at wine company Constellation Brands, as well as FMCG firms Unilever, Kimberly-Clark and Diageo.
As CFO he will oversee the accounting, planning and internal control environment for all of Warner Bros' UK-based businesses as well as play an "integral role" in assessing strategic business decisions and plans for growth.
"Tom is a welcome addition to the WBUK senior management team. He is a seasoned executive with a hugely impressive track record," said managing director Josh Berger. "That experience coupled with his strong commercial instincts and acumen will help us as we look to grow our profitability and navigate the ever-changing UK entertainment landscape."
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more