Oliver Simon and Daniel Baur have reorganized their production, sales and finance company K5 Media Group, whose slate includes foreign-language Oscar contender “Land of Mine.”

Following the reshuffle, Simon and Oda Schaefer will head K5 Film, the production company, while Baur spearheads the sales company K5 Intl., with former sales chief Carl Clifton moving on to a new position, which he will announce next month. Sascha Prestel remains as chief financial officer and chief operating officer of K5 Media Group.

K5 Film just wrapped production on Andrew Niccol’s sci-fi thriller “Anon,” starring Clive Owen and Amanda Seyfried, which will be delivered next year.

Talking exclusively to Variety, Simon set out his vision for K5 Film: “We want to continue working on and investing in projects with amazing talent and inspiring topics, connected to our society and the world we live in.”

Schaefer added: “K5 is known for its eclectic taste; our films are crafted to excite and entertain, cross borders and reach audiences around the world. They are not bound by genres or budgets.”

Baur stated: “K5 had a great year with Jim Jarmusch’s ‘Paterson,’ Martin Zandvliet’s ‘Land of Mine,’ and the Ethan Hawke starrer ‘Born to Be Blue.’ I am very excited about this new challenge, and I am looking forward to expanding our company and sales slate in the next year. We are going to focus on a few high-quality titles per year and intensify our relationships with our distributors and talent.”

K5 will unveil its slate of projects for the coming year prior to the Berlin Film Festival.