Amy Thurlow has been named president of Dick Clark Productions, parent company Valence Media announced Wednesday. The exec, who most recently served as DCP’s chief operating officer and chief financial officer, is promoted effectively immediately, with CEO Mike Mahan set to transition to vice chairman of the company in the second quarter of 2020.
“Amy is an extremely talented and dynamic executive, who is poised to drive continued growth and exciting accomplishments at dcp. She is also surrounded by an incredible group of leaders and colleagues who we have the utmost confidence in” said Valence Media Co-CEO’s Modi Wiczyk and Asif Satchu. “We are thankful to Mike, whose leadership and creativity helped drive record growth at dcp during his tenure. Luckily, we’ll continue to work closely together and we look forward to supporting his next adventure.”
An individual with knowledge of the transition tells TheWrap Mahan has been having conversations with Wiczyk and Satchu about making this move over the past year, as he wants to pursue some entrepreneurial opportunities, but still have some involvement with the brand he’s steered for the last seven years and has worked at for more than a decade of his career. The decision is considered a “positive” one within Dick Clark Productions, the insider noted.
“I am incredibly grateful to have led such a special organization and thankful to all of my hard-working and talented colleagues for their support,” Mahan said. “I am excited to pass the reins to Amy, who I have had the privilege of working with for more than 10 years, as I know she will successfully steer the company to new heights well into the next decade.”
“I am so thrilled to step into this role and lead such an incredible and dedicated team as we continue to produce best-in-class live entertainment,” Thurlow added. “I am indebted to Mike for his leadership, mentorship and friendship. While he will be greatly missed, we are happy that he will remain part of our dcp family in the Vice Chairman role.”
Here is Thurlow’s bio, courtesy of Dick Clark Productions:
Thurlow was most recently Chief Operating Officer and Chief Financial Officer at dcp for the past five years. She previously held the role of CFO and Executive Vice President of Sales Strategy for TV Guide Network (at the time a CBS and Lionsgate partnership), where she was integral in selling 50% of the company to CBS. Prior, she served in executive roles at NBCUniversal in various divisions including corporate finance, corporate development and strategy, CNBC and tv and film distribution. She began her career at the General Electric Corporation. Thurlow earned her Bachelor of Science degree in Finance from Boston College and her MBA from New York University.
And here is Mahan’s:
Mahan most recently served as CEO and/or President of dick clark productions for the past six years. Previously he was President of the TV Guide Network and tvguide.com and led the organization on behalf of One Equity (JP Morgan) and Lionsgate. Prior to TV Guide, he led corporate and business development efforts for dcp, worked in private equity where he led and managed a number of investments on behalf of Caisse de dépôt and worked in digital media, specifically with eWanted.com and Checkout.com. He began his career as an investment banker at Bear Stearns. Mahan is currently an owner / investor in a number of media, sports, gaming and consumer companies, including: Los Angeles Football Club, Oklahoma City Dodgers, Axiomatic (Team Liquid), Epic Games, Aviation Gin and Next VR.