Downtown Music Holdings names new global finance and investment team

Downtown Music Holdings names new global finance and investment team


Downtown Music Holdings has introduced a number of govt appointments throughout its finance and investment groups right now.

Effective January 1, 2022, Jan Peter Kerstens, who has beforehand served as Chief Financial Officer of Downtown’s FUGA division, has been named Downtown’s CFO.

Alan Goodstadt, who has served as Downtown’s Chief Financial Officer since 2016, will transition to the position of Chief Investment Officer.

Becca Klein, most lately the corporate’s Director of Financial Planning and Analysis, has been appointed Vice President, Financial Planning & Analysis.

As Chief Financial Officer for Downtown, Kerstens will direct and oversee all monetary, tax, accounting, and treasury operations for Downtown in addition to function a key advisor to Bergman and Downtown’s Board of Directors.

With over 25 years expertise in senior monetary administration, together with roles as a public firm CFO, Kerstens brings a diversified and global background in media, leisure, and know-how to the position.

In transitioning to Chief Investment Officer, Goodstadt will give attention to main Downtown’s ongoing M&A, direct investment, and company improvement actions as nicely persevering with to guide the corporate’s relationships with institutional monetary companions and advisors.

Prior to becoming a member of Downtown, Goodstadt was an investment banker for over twenty years with corporations together with Merrill Lynch and Bank of America.

Klein’s new management place as Vice President, Financial Planning & Analysis will give attention to enhancing the budgeting, forecasting, reporting, and analytical capabilities of Downtown’s global finance team.

Joining Downtown in 2019 from Bonobos, Klein is a Certified Public Accountant who started her profession on the global accounting agency, PwC.

Kerstens, who will proceed to be primarily based in Amsterdam, in addition to Goodstadt in New York, will each report on to Bergman. Klein, who can also be primarily based in New York, will report back to Kerstens.

“With JP, Alan, and Becca in these new leadership positions, we are well-placed to continue executing on our business strategy and enhancing our operations to support our fast-growing client base.”

Andrew Bergman, Downtown

“We pride ourselves at Downtown in having developed an organization that provides substantial opportunities for our executives to grow in tandem with our business,” mentioned Downtown CEO Andrew Bergman.

“These appointments reflect this ethos and are a testament to the strength of our team at-large.

“With JP, Alan, and Becca in these new leadership positions, we are well-placed to continue executing on our business strategy and enhancing our operations to support our fast-growing client base.”

“I am delighted to join Andrew and Justin on the Downtown Music Holdings team.”

Jan Peter Kerstens

Kerstens added: “I am delighted to join Andrew and Justin on the Downtown Music Holdings team.

“After the successful acquisition and integration of FUGA into Downtown, this move allows me to further build on the streamlined relationship between the group and its global divisions.

“Downtown has an exceptional team, a strong global presence with leading technology, and is supported by the resources to realize its ambitious growth plans.”

“Downtown’s robust M&A strategy as well as our development of additional financial solutions for our creator and enterprise clients are core to our mission as the world’s leading music services provider.”

Alan Goodstadt 

Goodstadt mentioned: “Downtown’s robust M&A strategy as well as our development of additional financial solutions for our creator and enterprise clients are core to our mission as the world’s leading music services provider.

“When Andrew and I conceived the CIO role, we both knew that Jan Peter would be the perfect fit to step into the role of CFO. I look forward to working alongside Jan Peter and our exceptional global leadership in continuing to strengthen Downtown’s market position.”

“With Downtown poised to grow faster than ever, I’m excited to lead the streamlining of financial operations, budgeting, forecasting and analytical capabilities across our global team.”

Becca Klein

Klein added: “The last three years at Downtown has been a period of extraordinary growth for both myself and the company.

“From my first day, Alan has been an exceptional mentor and I look forward to now working more closely with Jan Peter.

“With Downtown poised to grow faster than ever, I’m excited to lead the streamlining of financial operations, budgeting, forecasting and analytical capabilities across our global team.”Music Business Worldwide

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