New appointments News

SEVEN announces new EVP for Strategy and M&A

Jennifer Hanser has worked with key stakeholders across various sectors.

Saudi Entertainment Ventures Company (SEVEN), fully owned by the Public Investment Fund (PIF), has announced the appointment of Jennifer Hanser as EVP, Strategy and Mergers & Acquisitions (M&A). Hanser will hold responsibility for ensuring SEVEN’s investments and project executions meet its vision of being a leader in Saudi Arabia’s burgeoning entertainment ecosystem.

Hanser joins the rapidly expanding entertainment group after the organisation recently announced plans to create the first 100,000 square meters purpose-built entertainment complex in the Kingdom.

Chairman of the Board of Directors of Saudi Entertainment Ventures, Abdullah bin Nasser Al-Dawood, said: “Jennifer has a strong track record of building relationships with key stakeholders from varied disciplines to yield highly-negotiated, well-structured deals that optimise alignment and drive results in competitive, regulated, international business environments.”

Bill Ernest, CEO of Saudi Entertainment Ventures added: “Jennifer joins us as we develop the most exciting, wide-ranging and ambitious plans for a new era in entertainment across the Kingdom. Her wide experience at all levels of seniority within some of the world’s most well-known organisations – from Wall Street to Major League Baseball – gives her some unique and powerful insights into modern business strategy.”

Jennifer’s stellar two-decade career in the US spans some of the world’s most well-renowned organisations. Beginning in the year 2000 as a Financial Analyst with Deutsche Bank, she has enjoyed success working with Merrill Lynch, AOL, FIFA, MLB Advanced Media and Sony Music Entertainment. The English- and Spanish-speaking executive holds a BA in Latin American Studies from John Hopkins University. Hanser is a seasoned executive, leading top-tier, global firms ahead of trends to drive change across industries.

The Fund expects SEVEN’s national projects – beginning with the Riyadh-based entertainment complex and nationwide movie theatres – to welcome more visitors a year and provide more jobs.