Red Granite Pictures has tapped entertainment finance executive Randy Hermann as chief financial officer.
He will be responsible for day-to-day financial operations and strategic financial planning, Hermann will report to toppers Riza Aziz and Joey McFarland.
Prior to joining Red Granite, Hermann was CFO of Exclusive Media where he structured a corporate credit facility as well as single picture financings for “End of Watch” and “Snitch.” He also oversaw preparation of all Exclusive business plans, annual operating budgets and financial greenlight analyses.
Before Exclusive Media, Hermann was the chief operating officer and CFO of Essential Entertainment. From 1996 to 2006, Hermann was the exec VP and CFO of Mandalay Pictures where he he arranged over $600 million in production financing.
Red Granite is currently in production on “The Wolf of Wall Street,” directed by Martin Scorsese and starring Leonardo DiCaprio. Red Granite is financing and producing with DiCaprio’s Appian Way and Scorsese’s Sikelia Productions.
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The company is also financing and producing fantasy-thriller “Horns,” starring Daniel Radcliffe, which the company will be selling in Toronto. It’s partnered with Mandalay. It’s also producing and financing western crime tale “The Brigands of Rattleborge,” with Chan-wook Park attached to direct (with Mythology Entertainment); and Alex Proyas’ “The Unpleasant Profession of Jonathan Hoag” (with Mythology Entertainment, Phoenix Pictures and Mystery Clock Cinema).