Coral Pictures names Paez general manager

MEXICO CITY – Telenovela distribbery Coral Pictures Corp. has named Antonio Paez as exec VP and general manager, following last month’s departure of German Perez Nahim, Daily Variety has learned.

Paez joins Miami-based Coral from parent company Empresas 1-BC, a Venezuelan media conglom formed around broadcaster RCTV, whose programming Coral exports. Paez will oversee all of Coral’s operations, including worldwide distribution and coproductions.

Perez Nahim stepped down in December to pursue personal interests. Also leaving Coral is sales exec Sheila Hall Aguirre, who after NATPE will join a rival distribbery being set up in Miami by Argentine broadcaster Artear.

A native Colombian, Paez spent nine years with Empresas 1-BC in Caracas, and for the last six years was CFO. He holds an MBA from Colorado State University.

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