M’max taps Naraghi exec VP

Former U CFO to o'see finance, accounting, HR

Miramax Films said Monday it has appointed former Universal Studios exec Bahman Naraghi exec VP of finance and operations, overseeing all aspects of the company’s finance, accounting and human resources.

Naraghi will play a key role in all of Miramax’s general business activities, including new financial arrangements for film products, and will report directly to co-chairmen Bob and Harvey Weinstein. He is assuming and broadening the duties of Francesca Hickson, who ankled as Miramax’s chief financial officer several months ago.

“We are very excited to be welcoming someone of such talent and experience to the company,” said Bob Weinstein. “Bahman is the perfect person to oversee Miramax’s economic and financial growth.”

Universal experience

Naraghi comes to Miramax after spending four years at Seagram’s Universal Studios, most recently as Universal Pictures exec VP and chief financial officer from 1997 to 1999. He was responsible for integrating the Polygram Film business into Universal after Seagram purchased Polygram in late 1998.

Prior to U, he headed the media and entertainment group of Credit Lyonnais in Los Angeles for four years. He served as the bank’s liaison with MGM and helped implement the bank’s strategy in rebuilding the studio before it was sold.

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