He succeeds TomKelly, who announced plans to retire from the role after a 35-year career. Kelly was appointed CFO in 2019.
Meanwhile, Prata will remain based in New York and report to SMP Chairman and Chief Executive Officer Jon Platt.
In his new role, Prata will oversee SMP’s financial operations worldwide, spanning reporting, accounting, budgeting, administration and IT.
He has been with Sony since 2012, when he joined as SVP, Financial Planning & Analysis, following his stint at EMI. He was elevated to EVP, Finance & Corporate Strategy in 2019. Before his time in the music industry, he spent more than a decade in private equity and investment banking.
“I’m honored to step into this role at such an exciting time in the company’s evolution. I am grateful to Jon for his trust and support, and I am fortunate to have benefitted from Tom’s guidance and collaboration over the years.”
Greg Prata, Sony Music Publishing
Commenting on his promotion, Prata said: “I’m honored to step into this role at such an exciting time in the company’s evolution. I am grateful to Jon for his trust and support, and I am fortunate to have benefited from Tom’s guidance and collaboration over the years.
“I look forward to working closely with the entire team as we continue to develop our capabilities and generate opportunities for SMP songwriters.”
Sony Music Publishing Chairman & CEO JonPlatt added: “Greg has been a trusted leader on our team, and I’m pleased to see him step into the CFO role as we advance our next stage of growth.
“At the same time, we thank Tom for his remarkable tenure. His leadership has helped drive our success and set a high bar for excellence that Greg will continue to build upon.”
“Greg has been a trusted leader on our team, and I’m pleased to see him step into the CFO role as we advance our next stage of growth. At the same time, we thank Tom for his remarkable tenure.”
Jon Platt, Sony Music Publishing
The promotion follows a string of recent appointments at SMP. Earlier in February, RoslynPineda was appointed President, Asia, at SMP. She succeeded longtime SMP Asia President CarolNg, who will remain with the company until her planned retirement at the end of March this year.
In November, DeeHale was promoted to SVP, Film & TV Administration. She is based out of SMP’s Nashville office, reporting to Dale Esworth, EVP of Worldwide Administration. That same month, SMP appointedMichaelYoung as Chief Information Officer.
Prata’s appointment as CFO comes as SMP continues to make strategic signings and acquisitions. Last month, Sony Music Publishing Nashville and Domain Capital Group teamed up to acquire the catalog of artist and songwriter MirandaLambert. Also in January, SMP signed producer and songwriter Jon Buscema to a global publishing deal, in partnership with Daniel Nigro and his publishing venture Amusement.