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Songtradr taps Steven Moran as new CFO
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Moran will direct and oversee all financials while Nicholls focuses on M&A and strategy.
The world’s largest music licensing platform, Songtradr announced that it has hired experienced public markets finance leader Steven Moran as its new Chief Financial Officer.
In his role, Moran will direct and oversee all financial actions for the global music tech company, which has grown from 100 employees to more than 330 in the past year. Songtradr’s previous CFO, Clare Nicholls, is now taking on the role of Chief Corporate Development and Strategy Officer and will also join Songtradr’s board of directors, working closely with CEO, Paul Wiltshire, on the group’s bold B2B music growth strategy.
Moran will be responsible for global forecasts and financial growth strategies for all 16 countries that Songtradr operates in. In Nicholls new role, she 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,” said Steven Moran. “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.”
Moran has over 20 years of experience, having spent the past decade at SEEK Limited, a top 100 publicly listed Australian tech company. Moran has a demonstrable track record in all strategic aspects of finance, covering everything from commercial and strategic planning to corporate finance and governance.
“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,” said Paul Wiltshire, CEO of Songtradr.
“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.”
Songtradr completed its Series D funding round in June 2021, bringing the company’s total funding to date to over US$100M. Songtradr has executed an aggressive M&A strategy to reinforce its platform with the world’s leading creative and tech-focused music companies, through acquiring the world’s largest creative music agency, MassiveMusic, as well as Cuesongs (now part of Songtradr’s Big Sync Music), Song Zu, Pretzel, and Tunefind.
Songtradr is a global company headquartered in Los Angeles with offices across Europe and the Asia-Pacific region, specializing in licensing music to a range of blue-chip clients including L’Oreal, Coca-Cola, TikTok, Netflix, Apple, Amazon, and Google.
