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Home Entertainment

SoundCloud Appoints Tom Sansone as CFO and COO Amidst $1 Billion Sale Rumors

Bwetunge Ivan by Bwetunge Ivan
January 13, 2024
in Entertainment, Music
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Berlin, Germany | NOW THEN DIGITAL — SoundCloud has appointed Tom Sansone as its new Chief Financial Officer (CFO) and Chief Operating Officer (COO), as confirmed by CEO Eliah Seton. This announcement follows recent reports indicating that SoundCloud’s owners were considering a sale of the company for approximately $1 billion.

tom sansone
SoundCloud Welcomes Tom Sansone

With over two decades of experience in the tech and music industries, Sansone is expected to play a crucial role in executing SoundCloud’s strategic roadmap. Based in New York, he will directly report to CEO Eliah Seton.

Eliah Seton expressed his welcome to Tom Sansone, highlighting his global executive experience and unique skill set in business transformation, operational and financial discipline, and strategic execution. Seton emphasized Sansone’s significance as a key partner in realizing SoundCloud’s opportunities and industry-changing vision, especially now that the company is profitable and in control of its destiny.

In response, Tom Sansone expressed his enthusiasm for joining SoundCloud and emphasized his passion for helping businesses reach their potential. He acknowledged SoundCloud as one of the most trusted brands for music creators and enthusiasts, expressing excitement about working with the leadership team to empower artists and fans in sharing and connecting through music.

Sansone, currently a member of the board of trustees at Blair Academy, has a background as an investor, advisor, partner, and board member for various startup companies. He holds a BA in finance and accounting from Gettysburg College and an MBA from Georgetown University’s McDonough School of Business.

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Prior to his role at SoundCloud, Sansone served as the CFO of Kobalt Music Group for seven years, contributing to the company’s operational restructuring, profitable growth, capital planning, and successful sale of businesses. He also held the positions of COO and CFO at Gilt Groupe for eight years. Earlier in his career, Sansone worked for Arthur Andersen and PricewaterhouseCoopers.

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Bwetunge Ivan

Bwetunge Ivan

Seasonal writer at Now Then Digital. I specialize in logo design, branding, web design for Lifestyle Uganda and offer music promotion to artists of all kind around Uganda. WhatsApp me on +256754863448.

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