Randy Hermann is the Chief Operating Officer and the Chief Financial Officer of Essential Entertainment.  He is responsible for the day-to-day operations of the company, also in addition to running production finance and advisory services.

Prior to joining Essential, Hermann was the Executive Vice President and Chief Financial Officer of Mandalay Pictures, where he was responsible for all aspects of the financial operations of Mandalay. During the ten years Hermann worked with Mandalay, he arranged over $600 million in production financing, structured a $40 million insurance-backed transaction, helped secure a $50 million equity investment and arranged more than $90 million in German tax-advantaged financing, UK Sale/Leasebacks and Canadian tax credits.  In addition, Hermann was responsible for analyzing and structuring Mandalay’s investment in any film which included an analysis of talent contingent compensation as well as preparing the financial greenlight analysis.  Hermann also prepared all Mandalay business plans, annual operating budgets and film ultimates.

Hermann previously served as manager, business planning for Sony Pictures Entertainment.  Before beginning his career in the film business, Hermann had a successful career in financial services as a financial analyst at Drexel Burnham Lambert, an associate with Chemical Bank in New York and later as an associate director with BA Securities in Los Angeles.

Hermann has an M.B.A from the Wharton School of the University of Pennsylvania and a B.S. from The University of California, Berkeley.  He is also a member of the finance and audit committees of Childrens Hospital Los Angeles.