Former HIT Exec Named Parthenon MD

LONDON: Parthenon Entertainment has named Mike Shanks, the former senior VP and divisional CFO at HIT Entertainment, as the company’s first managing director.

Shanks joins Parthenon with immediate effect and will be responsible for overseeing operations across the company’s U.K., European and Canadian offices. He will work closely with the executive management team. Shanks joined HIT Entertainment in 2000.

Shanks said: “What Carl and the team at Parthenon has achieved over the past seven years is outstanding. I’m excited at the prospect of leading the team here and look forward to a challenging and rewarding time ahead.”

Carl Hall, the CEO of Parthenon, added: “Having someone of Mike’s caliber joining what is already an outstandingly creative and business-focused management team is a real achievement for us. With his experience of working at the helm of one of the world’s leading TV companies I’m sure he will bring us even more success in the future.”