Nick Vivarelli International Correspondent Rani R. Raad, a former president of CNN Commercial Worldwide, has been appointed CEO of Abu Dhabi-based media company International Media Investments.
The company is an integral part of the RedBird IMI joint-venture launched last year by former CNN chief Jeff Zucker and RedBird Capital founder RedBird Gerry Cardinale.
Raad, who prior to joining CNN spent 25 years in several leadership positions at Warner Bros. Discovery, will succeed Nart Bouran – who had taken the position in March 2020 – in the IMI CEO role.
More significantly, Raad in July had been appointed president and operating partner at RedBird IMI, so his becoming CEO of IMI further bolsters his leadership of the joint-venture investment vehicle focused on acquiring and investing in large scale media, entertainment and sports content properties in the Middle East and North Africa (MENA) region.
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