Prime Focus London chief executive Bernard Kumeta has resigned from his role at the post-production company after completing its operational and fi nancial restructure.
Kumeta was appointed in April last year to oversee a restructure that included Prime Focus Broadcast being put into administration by the company at the end of October.
Kumeta said: “My role has been to help the business through some difficult times.
“However, I’m proud to leave Prime Focus with a team of highly professional, confident and capable people and a full order book. The business is right-sized, profitable and has quality leadership.”
The assets of Prime Focus Broadcast have now been acquired by Prime Focus Post Limited.
Prime Focus Broadcast UK managing director Rowan Bray said the administration process was the last stage of consolidating the group’s various companies.
“It was a complicated structure and this means we now trade as a single entity.
“We needed to make an organised transition and, in conjunction with our financial partners, it was decided that was the best way to do it.
“There are no job losses and there is no visible difference to the business.” Shareholders will vote on a proposal to delist the company from the London Stock Exchange in three weeks’ time.
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