Downtown Music Holdings has announced several executive appointments across its finance and investment teams today.
Effective January 1, 2022, Jan Peter Kerstens, who has previously 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 role of Chief Investment Officer.
Becca Klein, most recently the company’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 financial, tax, accounting, and treasury operations for Downtown as well as serve as a key advisor to Bergman and Downtown’s Board of Directors.
With over 25 years experience in senior financial management, including roles as a public company CFO, Kerstens brings a diversified and global background in media, entertainment, and technology to the role.
In transitioning to Chief Investment Officer, Goodstadt will focus on leading Downtown’s ongoing M&A, direct investment, and corporate development activities as well continuing to lead the company’s relationships with institutional financial partners and advisors.
Prior to joining Downtown, Goodstadt was an investment banker for over twenty years with firms including Merrill Lynch and Bank of America.
Klein’s new leadership position as Vice President, Financial Planning & Analysis will focus on 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 began her career at the global accounting firm, PwC.
Kerstens, who will continue to be based in Amsterdam, as well as Goodstadt in New York, will both report directly to Bergman. Klein, who is also based in New York, will report 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,” said 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 said: “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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