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On the heels of the successful Netflix debut of the Chris Hemsworth action-thriller Extraction, the pic’s producers, filmmakers Anthony and Joe Russo, have hired a new CEO for their artist-led banner AGBO.
Jason Bergsman, a founding partner and executive vp at The Chernin Group known for his financial and investment-building acumen, has been tapped to lead AGBO in strategy and business operations. He will work alongside vice chairmen Mike Larocca and Todd Makurath.
At the same time, Angela Otstot has been promoted to president of creative, Jake Aust has been elevated to president of physical production and Nicholas Anglewicz has been upped to COO.
“We are thrilled Jason is joining the AGBO team and are excited to work with such a dynamic, forward-thinking, and accomplished individual,” Joe Russo said Tuesday in a statement. “He brings a consistent and proven track record of business results to lead our Company to its next stage of growth.”
“We are confident Jason is a great fit for AGBO and welcome his leadership and passion for our business,” added Anthony Russo. “Additionally, we are proud to promote Angela, Jake, and Nicholas, who have shown incredible creativity, expertise and skill during their successful tenures with the company.”
Bergsman has business and corporate development experience, and while at Chernin Group he principally focused on building digital media and consumer companies at investment stages ranging from incubation through later-stage acquisition. He serves on the board of directors of outdoor lifestyle media brand MeatEater and previously was involved in forming and operating Crunchyroll, a SVOD service for anime.
Bergsman’s appointment at AGBO comes as the Russos are in postproduction on their latest directorial effort, the Tom Holland-led drama Cherry, and as they have announced a follow-up to Extraction, to be written by Joe Russo.
“I’m excited to partner with the Russo Brothers to lead AGBO at such a pivotal time in the company’s development,” said Bergsman. “In today’s changing film and television sectors, AGBO is singularly positioned to create enduring value through the unique creative leadership of Joe and Anthony, and the strength of the company’s talented team.”
Otstot joined the company in 2017 and served as senior vp of AGBO’s story department under Christopher Markus and Stephen McFeely, the screenwriters of the Avengers and Captain America films, among others.
Aust, who worked with the Russos on shows such as Community, joined AGBO as a producer in 2017. Anglewicz joined in 2018 as executive vp finance & strategy, with a background in entertainment finance, production and distribution.
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