 |
| Shamdasani (right) and Kothari |
Valiant Entertainment today announced that co-founder and
Chief Creative Officer Dinesh Shamdasani has been elected CEO, and founding CEO
Jason Kothari has been appointed Vice Chairman of Valiant’s Board.
“The foundation for Valiant has been rebuilt after years
of dedicated efforts from our team. I look forward to handing the duties of CEO
to my talented co-founder and good friend Dinesh, and to serving the company as
Vice Chairman to help pave the way for Valiant’s future growth,” said Mr.
Kothari.
As Valiant’s co-founder and Chief Creative Officer, Mr,
Shamdasani has been responsible for overseeing the creative direction of
Valiant’s comic and film projects, and has been an integral leader in the
day-today operations of the company. In his new role as CEO, he will retain his
current duties, in addition to assuming the responsibilities of Valiant’s chief
executive office.
“Valiant had a stellar year in 2012 – one that exceeded
all of our internal targets and broader expectations in the industry at large.
The Board welcomes both Dinesh and Jason in their new roles” said Valiant
Chairman Peter Cuneo. “Valiant’s Board and management team are energized to
build on the company’s exciting pace of growth in publishing, media, and
beyond.”
With Mr. Kothari as CEO, Valiant Entertainment
successfully acquired the Valiant library, assembled a talented management
team, and raised multiple rounds of financing from strategic investors,
culminating in Valiant’s hugely successful 2012 return to comics publishing.
Over the course of the past year, the company has continued to expand in
comics, licensing and film, including the development of a slate of major
motion pictures in partnership with leading producers and writers.
“Over the course of five years, Jason laid the foundation
that became the basis for all of Valiant’s strengths,” said Mr. Shamdasani.
“With the company now firmly established, we look forward to furthering
Valiant’s mission in the coming months and years. We couldn’t be more excited
about what’s coming next.”