Target Ent. Founder Steps Down As CEO

London: Leading rights management company Target Entertainment is today announcing a key change to its management team as founder Alison Rayson steps down from her position as CEO and hires a new Managing Director, Emmanuelle Namiech.

Rayson has taken the decision to leave the company after 13 years to explore new ventures, but leaves the company in a strong position following the sale last year to Metrodome Group. She has worked closely with Metrodome’s Chairman and CEO Mark Webster to bring in a Managing Director with the skills and experience to continue Target’s growth both in the UK and internationally.

Emmanuelle Namiech joins Target in November with a wealth of experience and track record in international rights management. Most recently she was Senior VP Global Content at Fremantle Media Enterprises and prior to that was Director of Acquisitions and Co-productions at ITV Global Entertainment. Previous positions have included Director of Acquisitions and Co-productions at Granada International and Territory and Co-production Manager at Carlton International.

In her new role, Namiech will work with Mark Webster and the management team at Target to expand the company’s core business of international rights management.

Commenting on her decision to leave Target, Alison Rayson says: “It has been an incredibly tough decision to make, but also a positive and amicable decision. I am proud of how far Target has come since I founded it 13 years ago, but now feel ready to explore new opportunities in my professional life. I’m happy leaving the company in a strong commercial position and in the hands of an incredibly capable new MD.”

Rayson will continue to work on specific projects with the company but has no further announcements to make on future plans at this stage.

Mark Webster Chairman and CEO of Metrodome Group PLC commented said: “Alison not only founded the company but has built it up over 13 successful years and after Metrodome Group plc took over Target in 2010, Alison has continued to show energy, initiative and commitment to her and our business. She will be missed greatly by us, but we appreciate that the time is right for her to seek a fresh challenge elsewhere. We are delighted to welcome an MD of Emmanuelle’s calibre to Target and look forward to working with her to further expand the company. Emmanuelle will be taking over the day to day running of the business on Alison’s departure and there will be handover with the business continuing as normal going forward.”

Emmanuelle Namiech added: “Target is an exciting company at a key stage of its evolution and I am thrilled to be working with Mark and the team to expand the business further. With support from Metrodome Group we plan to have an enviable portfolio of properties with worldwide appeal.”