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Fred Gluckman Resigns as EVP and CFO of Saban Capital Group, Inc.Saban Capital Group, Inc. (SCG), the private investment firm specializing in the media, entertainment and communications industries, today announced that Fred Gluckman has resigned as the company's Executive Vice President and Chief Financial Officer effective as of June 1. Mr. Gluckman has been employed by SCG since 2003 and served as Senior Vice President and Chief Financial Officer from 2010 to 2016 and EVP and CFO since then. "We are grateful for the significant accomplishments we have achieved as the result of the 15 years of dedicated service, partnership and leadership we have had with Fred," said Adam Chesnoff, SCG's President and COO. "He will be deeply missed by the entire Saban team, and we wish him all the best as he moves on to pursue new opportunities." "I am proud of our accomplishments during my tenure at SCG and confident in the team and its leadership as the company continues to grow and expand in the future," said Fred Gluckman. Mr. Gluckman is succeeded by Greg Ivancich, who has joined SCG as Chief Financial Officer. Mr. Ivancich joined SCG from Exeter Property Group, a Pennsylvania-based real estate private equity firm ("Exeter"), where he served as Principal and a founding partner of Exeter's international business from April 2013 to March 2018 and held roles overseeing financial reporting, capital raising, operations and acquisitions in the US and Europe. Prior to Exeter, Mr. Ivancich spent is career as an investment banker to the real estate industry where he advised public and private companies on initial public offerings, mergers and acquisitions, and public capital markets transactions. Mr. Ivancich's roles included Director of Real Estate Investment Banking at Barclays, Executive Director of Real Estate Investment Banking at Morgan Stanley, and COO/Director of Real Estate Investment Banking at Credit Suisse. Mr. Invancich will be working closely with Mr. Gluckman during this transition.
About Saban Capital Group
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