Realscreen » Archive » Leisure One president/CEO Darren Throop to exit at finish of 12 months

Darren Throop will step down as president and CEO of Leisure One (eOne) on the finish of 2022.

Mother or father firm Hasbro introduced Throop’s departure in a launch on Tuesday (Aug. 16), stating that his contract with the corporate expires on the finish of the 12 months. The “transition particulars” can be introduced previous to his departure, based on Hasbro.

Throop’s exit will happen three years after Hasbro accomplished its acquisition of eOne on the finish of 2019, which was valued at $4.93 billion (US$3.8 billion).

The president and CEO has been on the helm of the Toronto-headquartered firm for greater than 20 years, seeing it via a number of iterations, starting with music chain ROW Leisure earlier than increasing to audiovisual content material by way of a collection of acquisitions.

“I’ve super confidence in Hasbro and eOne management to proceed to construct on eOne’s observe report of bringing excellent leisure to audiences,” mentioned Throop in a press release, including that he’s “extremely pleased with the workforce, and what we constructed collectively.”

Hasbro CEO Chris Cocks added that eOne “continues to be a cornerstone of our technique,” thanking Throop for his “steadfast management.”

The corporate has slowly remodeled following the Hasbro acquisition. It bought eOne Music to U.S. funding agency Blackstone in 2021, and exited the theatrical distribution enterprise in Canada and Spain earlier this 12 months.

EOne’s unscripted division, led by Tara Lengthy, is behind such collection as WE television’s Rising Up Hip Hop and MTV’s Siesta Key, with Creature Movies, amongst others.

By Kelly Townsend