Tim Haslam Steps Down as HanWay Films CEO

Thorsten Schumacher becomes MD, with Jan Spielhoff moving to COO.

LONDON -- HanWay Films CEO Tim Haslam has stepped down after seven years at the British-based sales and finance operation, with the resulting management shakeup seeing Thorsten Schumacher appointed managing director and Jan Spielhoff take up the reins as chief operating officer.

Schumacher, the company's former head of sales, and Spielhoff, former head of business affairs, take up their new roles immediately and join the HanWay Films board alongside the company's founding shareholders Jeremy Thomas (chairman), Peter Watson (deputy chairman) and Stephan Mallmann (CFO).

Haslam will continue "to significantly contribute his expertise to HanWay in a newly formed non-executive capacity," HanWay said.

"Much of its [HanWay's] success is attributed to a fine team of professionals and friends, a team that is best qualified to drive the company forward maintaining HanWay's distinct personality and ethos," Haslam said.

Oscar-winning producer Thomas (The Last Emperor), who runs HanWay alongside his production banner Recorded Picture Company, said Haslam "helped build the best acquisitions, sales and marketing team in the independent marketplace."

Thomas also said he was delighted to be able to promote from within, describing Schumacher and Spielhoff as "experts in their fields."

HanWay Films, founded in 1998, arranges financing, sales and distribution for all films from Recorded Picture Company and other independent producers.