When oil company Unocal Corp. restructured his corporate human resources job, David Demont wanted to work for a company in a global industry that was growing significantly and produced products that would provide him with a sense of personal identity and excitement. With a background at General Electric Co. and Chase Manhattan Bank, Mr. Demont didn't consider himself tied to a particular industry. Meanwhile, Technicolor was seeking human resource expertise to help upgrade the function and felt the right candidate could learn the entertainment business. I'm excited about the products we represent and the worldwide markets for them. It's probably best for those who can identify this kind of environment and related organizational structures.
Recruiters expect demand for executives to work at entertainment companies to remain strong.
With the devaluation in stock prices for Internet startups in the spring, the recruiting playing field between traditional firms and Web organizations is more evenly matched, they say. The days of waiting forever to make money are over. Given the volatile nature of the entertainment industry, top executives, usually vice presidents and above, as well as some directors, can expect to sign three-year contracts with their employers, says Mr. Kaplan. Inc. All Rights Reserved. By using this site, you agree to the Terms of Use and Privacy Policy .