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Marvel Announces Management Team Expansion

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In a move designed to enhance its existing management team, Marvel Enterprises, Inc. has announced that Dan Buckley has rejoined the company in the newly created position of Publisher, while Joel M. Safir has been named Vice President - Finance.

Furthermore, Marvel announced that Bill Jemas, who has served as President of Publishing and Consumer Products since February 2000 and Chief Operating Officer since January 2002, has been appointed to the new, non-executive position of Chief Marketing Officer.

“As we continue to expand our business, leveraging new opportunities in all divisions, we acknowledge that our existing management team needs to be broadened,” said Marvel Chief Executive Office Allen Lipson. “The first step was adding Tim Rothwell as the President of Marvel's Worldwide Consumer Products Group. These refinements of our management team and structure are intended to provide greater management resources to support our long-term growth goals, which include entering new markets. Both Dan and Joel have the requisite industry experience to seamlessly integrate their expertise with the rest of our senior management team, and we expect them to begin providing valuable contributions to Marvel immediately.”

As Publisher, Buckley will report directly to Marvel Executive Vice President of Operations & Chief Information Officer Gui Karyo, who will take over the operational and fiscal management of the publishing business. Buckley's primary responsibility will be to oversee all aspects of Marvel's core comic book and graphic novel publishing operations, including editorial, sales, and marketing. This additional layer of management support provided by Buckley will allow Marvel to improve the quality and distribution of its primary comic products as well as for new initiatives such as Young Adult prose novels like this summer's successful launch of the Mary Jane HC (STAR18939D). Buckley has more than 12 years of publishing and marketing experience, including the last six at the Omnicom Group, Inc., where he most recently held the position of Vice President - Operations and Communications for Omnicom's Radiate Group, Inc., a network of 20-plus experiential and marketing agencies. Mr. Buckley previously spent over seven years at Marvel, where he served in diverse operations including international publishing and marketing.

As Vice President - Finance, Safir will report directly to Marvel Chief Financial Officer Ken West, and will focus on implementing continued improvements to Marvel's internal control structure. Prior to joining Marvel, he served for two years as Vice President Finance at ACTV, a software development firm.

As Chief Marketing Officer, Jemas will leverage his strong management skills, analytical abilities, and creative expertise in a new role that will be focused on expanding synergies between Marvel's three operating divisions. The Chief Operating Officer role will remain vacant at this time.
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