Saban Brands Appoints David Zolot as Senior Vice President of Corporate Development

Saban Brands today announced the appointment of David Zolot as Senior Vice President of Corporate Development. In this newly created role, Zolot will be tasked with sourcing and executing new brand acquisitions and leading corporate finance initiatives for the recently developed Saban Brands Lifestyle Group (SBLG). Based in New York, Zolot will report to Saban Brands’ Managing Director of Strategic Business Development, Dan Castle, and Saban Capital Group’s Managing Director of Private Equity, Adam Weene, to support the growth of SBLG both organically and through acquisitions.

Zolot joins Saban Brands as an experienced corporate development and finance executive with a proven track record of success. Most recently, he was Vice President of Strategic Development at the brand management firm Iconix Brand Group (NASDAQ: ICON) where he successfully completed numerous strategic acquisitions, minority investments, and financing transactions.

Prior to Iconix, Zolot was an Associate Director at Peter J. Solomon, a preeminent private investment banking firm focused on the apparel, retail and consumer products industries, where he specialized in mergers & acquisitions and capital structure transactions. David holds a Bachelor’s Degree in Business Administration from the University of Michigan Undergraduate Business School.

"David is a strong addition to Saban Brands’ leadership team, bringing extensive knowledge and experience in identifying and acquiring global brands,” said Castle. “With our recent announcement of Saban Brands Lifestyle Group, the timing couldn’t be better to bring in David to help grow this new unit.”

“With Saban Brands’ global resources, brand management capabilities, and commitment to creating long-term value for its owned IP, the company is an ideal partner for leading consumer lifestyle brands,” said Zolot. "I look forward to working with Dan, Adam and the Saban teams to utilize my global network to grow the Company’s portfolio through acquisitions and strategic investments.”

About Saban Brands

Formed in 2010 as an affiliate of Saban Capital Group, Saban Brands (SB) was established to acquire and develop a world-class portfolio of properties in the entertainment and lifestyle sectors. SB applies a global 360-degree management approach to growing and monetizing its brands through content, media, marketing, distribution, licensing and retail to markets worldwide and consumers of all ages. SB operates out of its global offices in Los Angeles, New York, London, Shanghai, Hong Kong and Singapore. For more information, visit www.sabanbrands.com.