Steven Moran has been named Chief Financial Officer at Los Angeles-based music licensing platform Songtradr.
In his role, Moran will direct and oversee all financial actions for the global music company, which has grown from 100 employees to more than 330 in the past year, it says.
Songtradr’s previous CFO, Clare Nicholls, is now taking on the role of Chief Corporate Development and Strategy Officer.
Nicholls will also join Songtradr’s board of directors, working closely with CEO, Paul Wiltshire, on the group’s B2B music growth strategy.
Moran will be responsible for global forecasts and financial growth strategies for all 16 countries that Songtradr operates in.
He has over 20 years’ experience and spent the past decade at SEEK Limited, a top 100 publicly listed Australian tech company.
Nicholls, meanwhile, will lead strategic M&A that supports Songtradr’s existing tech and data innovation across the B2B music industry.
“Songtradr has seen tremendous growth since launching in 2016.”
Steven Moran, said: “Songtradr has seen tremendous growth since launching in 2016.
“I was impressed by the scale of its global B2B music platform and excited to join a team that is focused on changing the music industry for good.”
“Steven’s impressive track record with SEEK makes him the ideal person for this position.”
Paul Wiltshire, Songtradr
Paul Wiltshire, CEO of Songtradr, added: “Steven’s impressive track record with SEEK makes him the ideal person for this position.
“We wanted someone who is exceptional in their field, deeply understands technology and can move with us at the rapid pace we are scaling our business.
“I’m delighted to continue working closely with Clare Nicholls in her new role as our Chief Corporate Development and Strategy Officer and welcome her to the board of directors.
“She has been a key leader on our executive team and led our highly successful M&A activities to date. With the expansion of our business, Clare’s focus will now be centered on highly strategic M&A activity, a key pillar of our accelerated growth plans.”
In a June 2021 funding round, Songtradr raised $50 million, which brought the company’s total funding at the time to over $100m million.
In October, TikTok named Songtradr as one of its six ‘certified Sound Partners’, part of an expansion to the TikTok Marketing Partners program, which launched in September 2020.
Those partners included Songtradr, Stockholm-headquartered production music house, Epidemic Sound, independent music distribution platform, UnitedMasters, KARM, a global music production company, creative music agency MassiveMusic and The Elements Music, a music and sound agency.Music Business Worldwide