Photograph Credit score: SoundCloud (Tom Sansone)
Following the leak of ‘$1B+’ gross sales rumors, SoundCloud has a brand new CFO/COO. Tom Sansone steps into the position following the departure of Drew Wilson.
SoundCloud CEO Eliah Seton made the announcement yesterday, efficient instantly. Tom Sansone brings greater than 20 years of world monetary and operational expertise within the know-how and music industries, together with a monitor document of main enterprise transformation.
In his new position, Sansone will assist drive the execution of SoundCloud’s strategic roadmap by means of operational rigor, company improvement, M&A, monetary efficiency and capital restructuring. Sansone will report on to Seton. Sansone most not too long ago served as CFO for Kobalt Music Group for seven years. In that place, Sansone was a key architect of the corporate’s operational restructuring and worthwhile development, capital planning, and profitable sale of the companies.
Beforehand, Sansone was COO and CFO of Gilt Groupe for 8 years, main the corporate by means of a interval of development. Earlier in his profession, Sansone labored for Arthur Anderson and PricewaterhouseCoopers.
“On behalf of the Board of Administrators and administration of SoundCloud, I wish to welcome Tom to the crew. Tom is a confirmed world govt with a extremely differentiated and related talent set that features accelerating enterprise transformation, establishing operational and monetary self-discipline and executing strategic alternate options,” says Eliah Seton. “Now that we’re a worthwhile development firm and in command of our personal future, Tom shall be a key associate in serving to us notice SoundCloud’s distinctive alternative and industry-changing imaginative and prescient.”
“I’m obsessed with serving to companies notice their potential and am extremely excited in regards to the alternatives for SoundCloud,” provides Tom Sansone. “The evolution of the enterprise has been thrilling to see and the corporate stays some of the trusted manufacturers for creators and tremendous followers of music discovery. I’m trying ahead to working with an unimaginable management crew and board to execute on the technique to empower artists and followers to share and join by means of music and to construct on our robust monetary footing.”