Key Takeaways:
- Derek Van Pelt and Ray Moheet have been promoted to co-CEOs of Mainstay Entertainment, a company they have been with since its inception in 2017.
- Van Pelt and Moheet will oversee day-to-day operations at Mainstay, while continuing to work with founder and chairman Norman Aladjem on strategic direction and long-term growth.
- The two co-CEOs have a strong background in producing, with credits in television and film, including work with notable clients such as Trevor Noah, Maz Jobrani, and Katherine Heigl.
- Mainstay Entertainment has several development projects in the works, including film and television adaptations, documentaries, and series for various networks and streaming platforms.
Introduction to Mainstay Entertainment’s New Co-CEOs
Derek Van Pelt and Ray Moheet have been with Mainstay Entertainment for nearly a decade, and their hard work and dedication have earned them a significant promotion. The two have been upped to co-CEOs of the company, overseeing day-to-day operations and working closely with founder and chairman Norman Aladjem on strategic direction and long-term growth. This move reflects the company’s commitment to its core values and philosophy, which prioritize thoughtfully architecting artists’ careers and helping them tell their stories. As Aladjem noted, Van Pelt and Moheet have consistently embodied this philosophy throughout their time at Mainstay, making them the ideal candidates to lead the company forward.
Background and Experience of the Co-CEOs
Both Van Pelt and Moheet have been manager/producers at Mainstay Entertainment since its inception in March 2017. They bring a wealth of experience and expertise to their new roles, with a strong background in producing for television and film. Van Pelt’s credits as executive producer include MSNBC’s The Turning Point, Showtime’s The World According to Football, and numerous comedy specials, such as Roy Wood Jr.: Lonely Flowers and Trevor Noah: Where Was I. Moheet, on the other hand, has produced films like Before I Go, A Simple Wedding, and Jimmy Vestvood, as well as executive producing Blumhouse/Hulu’s Into the Dark and comedy specials like The Birds and the Bees and Immigrant. This diverse range of experience will serve them well in their new roles, as they work to drive the company’s growth and success.
Statement from the Co-CEOs
In a joint statement, Van Pelt and Moheet expressed their gratitude and excitement about their promotions. They noted that they are honored by the trust placed in them and are committed to continuing to build the company together. They also emphasized that the work ethic, values, and approach that have guided them from the beginning remain unchanged, and they are excited to lead the business forward alongside Aladjem and the rest of the team. This statement reflects the co-CEOs’ dedication to the company’s core values and their commitment to its continued success.
Mainstay Entertainment’s Clients and Projects
Mainstay Entertainment has a impressive roster of clients, including David Archuleta, Tisha Campbell, Kim Coates, Rachael Leigh Cook, James Frain, Samantha Hanratty, Katherine Heigl, Laurie Holden, Chris Lee, Maz Jobrani, Aaron McGruder, Omar Benson Miller, Trevor Noah, Hayden Pannettiere, Danielle Pinnock, Laura Prepon, Zach Sang, and Roy Wood Jr. The company is also working on several development projects, including an adaptation of Trevor Noah’s bestselling memoir Born a Crime and the genre-bending vampire western The Sun Always Sets in the West for Lionsgate. On the small screen, they’re developing Patti Stanger’s Strike a Match series for The CW, Disappeared: The Bradley Sisters for Discovery ID, De Viajes Con Los Derbez for Univision and Amazon International, and a series of I Am documentaries for The CW. Most recently, it was announced that they’re executive producing Martha’s Vineyard v. DeSantis, the upcoming documentary for MSNBC and Peacock.
Conclusion and Future Outlook
The promotion of Derek Van Pelt and Ray Moheet to co-CEOs of Mainstay Entertainment marks an exciting new chapter for the company. With their strong background in producing and their commitment to the company’s core values, they are well-positioned to drive growth and success. As they work to build on the company’s existing strengths and pursue new opportunities, they will be guided by the same philosophy that has driven Mainstay Entertainment from the beginning: a commitment to thoughtfully architecting artists’ careers and helping them tell their stories. With a talented team and a robust slate of development projects, the future looks bright for Mainstay Entertainment under the leadership of Van Pelt and Moheet.
