Former Legendary CFO Joins Animation Studio ZAG
ZAG has also hired David Ribardo as chief accounting officer.
Former Legendary Entertainment executive Marlin Prager has joined ZAG as COO and CFO of the independent animation studio.
Prager spent 11 years at Legendary, helping to close several bank financings exceeding $3 billion before the then-CFO helped founder Thomas Tull sell his studio to Chinese conglomerate Wanda Group last year.
ZAG was founded in France in 2009 by Jeremy Zag, who has since expanded the company into the U.S. and Canada. ZAG is best known for its ZAG Heroez brand of cartoons and toys that target children and families.
Last year, the company struck a deal with Netflix for Miraculous: Tales of Ladybug & Cat Noir, and ZAG says it has eight TV shows in the pipeline and three movies in development, the first planned for 2020 with a major studio it has not named.
ZAG also said Wednesday it has hired David Ribardo as chief accounting officer and he will report to Prager, who reports to Zag.
Cindy Elfenbein, a veteran of Sony Pictures Entertainment and Warner Bros. Consumer Products has also joined ZAG, reporting to Andre Lake Mayer, the studio's president of brand strategy and consumer products.
"It has become exceedingly important to bring additional accomplished executives on board and join our existing leadership team," Zag said. "Marlin, Cindy and David are highly skilled and experienced executives who will help lead ZAG through the next phase of growth."