Fandor Names Larry Aidem as New President, CEO

Larry Aidem - S 2015

Chris Kelly, who had been serving as interim CEO, will now become chairman of the board.

Larry Aidem, former head of the Sundance Channel, has been named president and CEO of Fandor, the on-demand streaming service specializing in independent and international films. Principal investor and former Facebook general counsel Chris Kelly, who had been serving as interim CEO since Ted Hope stepped down as CEO in January, will now serve as chairman of the board.

Aidem most recently served as president and CEO of IconicTV where he will now become non-executive chairman. He also serves on the board of ProSieben SE and, in the past, has held senior roles at MCA-Universal, HBO/Time Warner, Viacom, Showtime/CBS and the Sundance Channel, where he was president and CEO.

"Larry has been instrumental in advancing Fandor in our work together over the past six months," Kelly said in announcing Aidem's appointment. "We are thrilled to have him bring his vision for the future of film and the visual arts and a long track record of success in the space to Fandor."

Fandor currently streams more than 7,000 films to viewers in the U.S. and Canada.