MRC Names DJ Jacobs CFO, Head of Business Development

The exec previously ran corporate development.

MRC has upped corporate development exec DJ Jacobs to CFO and head of business development.

The move finds him overseeing the newly combined corporate strategy, finance and business development departments, shepherding MRC’s new business, film and TV underwriting, planning and financing.

“This is a recognition of DJ’s contributions to the growth, operations and culture of the company and represents the next phase of his development,” co-CEOs Asif Satchu and Modi Wiczyk said Monday in a statement. “We are confident he has the leadership, focus and flexibility necessary to manage the scope and complexity of this endeavor.”

At MRC, Jacobs has been instrumental in raising over $1 billion in capital to put into MRC's production initiatives (Baby Driver, Ozark and House of Cards among them).

“MRC is an amazing organization that values continuous learning for every team member,” said Jacobs. “I’m excited for a new challenge managing these two departments in a combined role and energized to provide leadership and growth to a fantastic team.”