Ed Galton Takes Part Ownership of CAKE

LONDON: The new executive structure at CAKE Entertainment sees Ed Galton take on the role of chief creative officer and managing director, having entered the ownership of the company alongside Tom van Waveren.

Galton takes on responsibility for the day-to-day business operations, and will also be leading CAKE’s distribution arm. Van Waveren, the CEO and creative director of CAKE, will continue to seek out new content, set up new partnerships and oversee the production of the shows.

Van Waveren commented: “Ed has been instrumental in getting CAKE to where it is today. Putting his superb commercial instinct more firmly at the center of the company’s operations makes perfect sense, and will allow CAKE to build on its burgeoning success.”

Earlier this month, Genevieve Dexter sold her majority stake in the U.K.-based kids’ outfit to van Waveren, following a three-year partnership.