Swedish music firm Epidemic Sound made a variety of noise final 12 months.
In March, the corporate accomplished a $450 million funding spherical – together with cash from funding big Blackstone – giving Epidemic a $1.4 billion valuation.
And in June, Epidemic, by way of its annual fiscal report, revealed that its revenues grew by 49% YoY in 2020 to SEK 575 million (approx. $69.5m).
Now, Epidemic has began 2022 with a bang, naming former Shazam CEO and Chairman, Andrew Fisher because the Chairperson of its Board.
Fisher brings expertise by means of his time as CEO and Chairman of Shazam, and is presently Chairperson of Rightmove plc, a FTSE 100 firm, since January 2020.
He has additionally been on the Marks and Spencer plc board since 2015.
Fisher succeeds Vania Schlogel within the position, who will stay on the Board as a Director.
Information of Fisher’s new position follows the latest appointments of two non-executive administrators, Kirsten Wolberg and Adrienne Gormley.
Wolberg is a former Salesforce and Docusign government, and has spent her profession supporting rising corporations and main on product improvement, expertise administration and extra.
She serves on a number of boards, together with Sallie Mae (NASDAQ: SLM), Dynatrace (NYSE: DT) and Pie Insurance coverage.
Gormley, in the meantime, is a former Google and Dropbox government, and is an energetic member throughout Range, Fairness and Inclusion networks and organizations, and is a mentor to feminine entrepreneurs in EMEA and past, says Epidemic.
“I’m delighted to be becoming a member of the Epidemic crew.”
Andrew Fisher, Epidemic Sound
Andrew Fisher, Chairperson at Epidemic Sound, stated: “I’m delighted to be becoming a member of the Epidemic crew and look ahead to contributing to the continued improvement of such a improbable enterprise.
“I want to thank Vania for her excellent contribution over the previous 4 years and am excited to have the chance to work together with her on the board.”
“Andrew’s related expertise and deep understanding of digital economic system and the music trade makes him an unbelievable asset.”
Vania Schlogel, Atwater Capital
Vania Schlogel, founder and managing associate of Atwater Capital, a media and leisure sector-focused funding agency, and former Epidemic Sound Chairperson, stated: “Andrew’s related expertise and deep understanding of digital economic system and the music trade makes him an unbelievable asset for Epidemic Sound and its board.
“I’m thrilled to be handing the Chairperson baton over to him and I look ahead to working with him as a board member.
Added Schlogel: “I’d additionally wish to take this chance to thank Epidemic Sound management and its folks for his or her laborious work over the previous 4 years.
“The corporate has gone from power to power, and it has been a privilege to be a part of this thrilling journey. From an organization value roughly $100 million once I first grew to become Chairperson, Epidemic Sound has now grown right into a valuation of over $1.4 billion.
“With our latest board appointments, sturdy development and a world class management crew, I’m assured we’re heading in the right direction to write down the following chapter for Epidemic Sound.”
“We’re pleased with how far we’ve come as an organization over the previous 12 years.”
Oscar Hoglund, Epidemic Sound
Oscar Hoglund, founder and CEO at Epidemic Sound, added: “We’re pleased with how far we’ve come as an organization over the previous 12 years.
“And with the experience and expertise from these spectacular executives from software program as a service (SaaS) and musictech sectors, we’re assured that we’ve strengthened the board in the best areas to assist us proceed to serve the creator economic system and navigate our subsequent chapter in our journey.”Music Enterprise Worldwide