MGM Names Andrew Walter EVP, Corporate Development

AP Photo/Reed Saxon

The exec previously served as managing director for Evolution Media Capital.

Andrew Walter has been named to the newly created position of executive vice president, corporate development at MGM, it was announced Wednesday by Gary Barber, MGM chairman and CEO.

Walter will report to Barber, working closely with him on corporate and business development, acquisitions, investments and strategic transactions.

Walter most recently served as managing director for Evolution Media Capital, an independent merchant bank affiliated with CAA, where he was responsible for origination and execution of advisory work for EMC’s clients as well as identifying and closing investment opportunities for EMC’s growth equity fund Evolution Media Partners.

Prior to joining EMC in 2013, he spent 14 years at global investment banking firm Houlihan Lokey, providing financial restructuring, M&A, financing and valuation advisory services for clients in media and entertainment industries.

During his career, Walter has worked on transactions involving countless notable companies in addition to MGM, such as Blockbuster, Deluxe, Comcast, Endemol, The Mark Gordon Company, Marvel Studios, Panavision, Paramount Pictures, Revolution Studios, The Walt Disney Company and Warner Bros., among others.

“Andrew is a consummate professional with unique experience developing and solidifying corporate transactions and building precisely the types of deals and partnerships we are looking for at MGM,” Barber said.