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David Frank exiting Zodiak

Zodiak Media’s CEO David Frank (below) is exiting the company.

david_frank_173x136Frank is understood to be leaving the global production giant by the end of the year, with an announcement on the succession plan expected shortly.

Frank took the top role at Zodiak Media in 2010 when Zodiak Entertainment acquired UK super indie RDF Media. His brother, Matthew Frank, became CEO of the merged company’s sales arm, Zodiak Rights, at the same time.

He had been CEO of RDF since 1993.

Zodiak is majority-owned by Italy’s De Agostini , which makes investments in numerous media operations. It ultimately plans to launch an IPO for Zodiak.