Matt Donnelly Senior Film WriterIndie film and TV studio A24 has named its first ever chief financial officer in J.B. Lockhart.The heavyweight finance executive comes from a four-year stint at the National Basketball Association.
The hire follows on the heels of Variety‘s July report that the prestige art house behind “Spring Breakers” and “Zola” was exploring numerous consolidation options.
In some scenarios, including combinations with other existing content houses and some outright acquisitions, the company was eyeing a valuation up to $3 billion.In his new role, Lockhart will be tasked with leading the company’s continued global expansion, Insiders familiar with the company said.Lockhart joined the NBA in 2013 and was named CFO in.
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