Relativity Media has hired veteran attorney Carol Genis for the newly created post of managing director, adding that it is continuing to prepare for an initial public offering.
“I have worked closely with Carol for more than a decade, relying on her sound counsel,” said CEO Ryan Kavanaugh. “She is an incredibly talented executive with an intimate understanding of our business and her experience and insight will prove vital as we prepare for an IPO.”
Kavanaugh did not elaborate on the timing of the offering. He’s been discussing the possibility since last year.
Genis will oversee the day-to-day operations of Relativity and directly managing corporate legal, business affairs and finance.
Genis has been an equity partner at K&L Gates for more than 20 years where she specialized in entertainment and intellectual property law, representing Relavitivity and several other major motion picture and TV studios along with distribution companies, authors, screenwriters and talent.
She has represented clients in financing transactions, as well as mergers, acquisitions, joint ventures and strategic alliances. Genis has also litigated high-profile commercial cases in state and federal courts.
Relativity’s top grosser has been 2011’s “Immortals” with $226 million worldwide.