Weinstein Company Hires Entertainment Financing Expert David Hutkin
Launches new division that will manage financial and banking relationships
NEW YORK - The Weinstein Company has hired entertainment financing veteran David Hutkin as executive vp to launch and head up a Strategic Initiatives, Investments & Banking Group as a new unit of the company.
Based in LA, Hutkin will oversee all strategic banking relationships including single-picture and slate financings, investor relations as well as off-balance-sheet film funds. He will report to TWC co-chairmen Bob and Harvey Weinstein and COO David Glasser.
“We are excited to launch this new division under David, one of the few people I know with both the personality and experience to deal with these very sophisticated financing structures,” said Harvey Weinstein. “As we continue to grow the company, we look to David to help manage these relationships and bring new ones to the table.”
Hutkin spent 17 years focusing on senior structured and corporate debt underwriting within the entertainment field at such companies as Bank of America, The Lewis Horwitz Organization and, most recently, FCB Entertainment Finance/First California Bank.
Among other things, he worked on My Big Fat Greek Wedding, Monster and The Illusionist and also underwrote multiple transactions for Tyler Perry.