David Green to focus on U.S. activities

LONDON

U.K. producer-distributor DCD Media is attempting to strengthen its U.S. activities as it announced further board changes.

As part of the new strategy, the outfit has replaced CEO Sammy Nourmand after less than a year in the job. He will exit at the end of the year.

The CEO of DCD major stock holder Timeweave, David Craven, is tapped as the new CEO.

Craven has held senior roles with News Corp., UPC Media and Trinity Newspapers.

To boost business in North America, the shingle has appointed a team, led by David Green, the former head of September Films, which joined the DCD stable in 2007, with “rapidly growing market share and enhancing its burgeoning U.S. business.”

Green, who devised breakout hit “Hollywood Women” and several spin-off skeins, steps down as DCD chairman, but remains on the main board in a non-executive role, and will seek to develop U.S. hits.

He said: “I am absolutely delighted that our major shareholders have recognized the massive opportunity for growth in the U.S. market.

“DCD has a hugely impressive track record and a peerless reputation in the U.S. We can and will build on this.”

Green’s corporate duties will be handled by Richard McGuire, chairman of Timeweave, which this summer increased its stake in the shingle to 49.9%.

DCD also announced that it has secured a new commission worth “an expected £4.25 million ($6.8 million).” No further details were given.

The company is based in London, with offices in Los Angeles, Glasgow and Cardiff.

It owns six shingles all specializing in non-scripted fare, including shock docs, plus distributor DCD Rights.

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