Dearborn comes to ICM in the newly created position after heading the newspaper arm of Tribune during a rocky three-year period marked by sexual harassment controversies at the Los Angeles Times and involving Michael Ferro, former Tribune chairman and a longtime business associate of Dearborn. Dearborn resigned as chairman-CEO of Tribune in January.
At ICM, Dearborn will report to managing director Chris Silbermann. He’s tasked with overseeing day-to-day operations of the agency. ICM has expanded during the past few years with acquisitions of specialty talent agencies including Headline Media News, Royce Carlton Agency, Sagalyn Agency and the Just For Laughs comedy festival.
“We could not be more thrilled than to have Justin join our team,” said Silbermann. “We just completed our best year ever and Justin will be a vital part of managing what we see as a clear path for sustainable internal growth, while helping us identify and close strategic partnerships and acquisitions.”
ICM emphasized Dearborn’s track record in dealing with M&A and integrations, corporate development, team-building and strategic planning. ICM is adjusting to a fast-changing market for Hollywood’s core business of film and television, which is forcing agencies of any size to diversify.
“ICM Partners is poised for sustainable growth and profitability with a client-first strategy that has seen the agency take a leadership role and capitalize on the rapidly growing new entertainment industry economy,” Dearborn said. “Chris and the Board have a great vision for their future and I look forward to working with them to implement their aggressive and attainable strategic plan with a fresh view of growth opportunities.”
Dearborn has limited experience in media and entertainment. Before Tribune, Dearborn was CEO of technology firm Merge Healthcare Inc.