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Non-Tech : Marvel Enterprises (NYSE) -- Ignore unavailable to you. Want to Upgrade?

To: OmertaSoldier who wrote (413)	10/14/2003 4:15:40 PM
From: OmertaSoldier	Respond to of 540

Marvel Enterprises Expands Management Team to Position Company for Next Phase of Growth Tuesday October 14, 7:00 am ET NEW YORK--(BUSINESS WIRE)--Oct. 14, 2003--In a move designed to enhance its existing management team, Marvel Enterprises, Inc. (NYSE:MVL - News) announced today two strategic hires and the re-alignment of existing management to position the Company for the next phase of growth. Dan Buckley has rejoined Marvel as Publisher, a new position at Marvel Enterprises, and Joel M. Safir has been named Vice President - Finance. ADVERTISEMENT Shifts in existing management to re-align key managers with growth initiatives include Bill Jemas, who has been named Chief Marketing Officer, a new, non-executive position at Marvel. Dan Buckley, Marvel's new Publisher, will report directly to Gui Karyo, Marvel's EVP of Operations and Chief Information Officer, who will take over the operational and fiscal management of the publishing business. Allen Lipson, Marvel CEO, said, "As we continue to expand our business, leveraging new opportunities in all divisions, we acknowledge that our existing management team needs to be broadened. The first step was adding Tim Rothwell as the President of Marvel's Worldwide Consumer Products Group. These refinements of our management team and structure are intended to provide greater management resources to support our long-term growth goals, which include entering new markets. Both Dan and Joel have the requisite industry experience to seamlessly integrate their expertise with the rest of our senior management team, and we expect them to begin providing valuable contributions to Marvel immediately." Dan Buckley has been appointed to the new position of Publisher. As Publisher, his primary responsibility will be to oversee all aspects of Marvel's core comic book and graphic novel publishing operations, including editorial, sales and marketing. This additional layer of management support provided by Dan Buckley will allow Marvel to improve the quality and distribution of its primary comic products as well as for new initiatives such as Young Adult prose novels like this summer's successful launch of Mary Jane. Mr. Buckley has more than twelve years of publishing and marketing experience, including the last six at the Omnicom Group, Inc. where he most recently held the position of VP - Operations and Communications for Omnicom's Radiate Group, Inc. a network of twenty plus experiential and marketing agencies. Mr. Buckley previously spent over seven years at Marvel serving in diverse operations including international publishing and marketing. Joel M. Safir has been appointed to the new position of Vice President - Finance. He will report directly to Ken West, the Chief Financial Officer, and will focus on implementing continued improvements to the Company's internal control structure. Prior to joining Marvel, he served for two years as Vice President Finance at ACTV, a software development firm. Bill Jemas, who has served as President of Publishing and Consumer Products since February 2000 and Chief Operating Officer since January 2002, will transition his role at Marvel to that of Chief Marketing Officer. The shift in Mr. Jemas' management responsibilities is designed to leverage his strong management skills, analytical abilities and creative expertise in a new role that will be focused on expanding synergies between Marvel's three operating divisions. The Chief Operating Officer role will remain vacant at this time. Allen Lipson commented, "Since February 2000 when he returned to Marvel, Bill has played an important role in the turn-around of Marvel's publishing business while also shepherding our Licensing division to new heights."