Deezer appoints Alexis Lanternier as its new chief government.
Lanternier will take over as interim CEO Stu Bergen France-based music streaming service, efficient September 2, 2024.
Bergen will stay on Deezer’s board of administrators. Bergen was named interim CEO in March following the departure of former CEO Jeronimo Folgueira.
Lanternier will likely be primarily based at Deezer headquarters in Paris, working intently with the Board of Administrators and the Deezer management crew.
Deezer mentioned the appointment will “allow Deezer to ship continued worthwhile progress and innovation within the evolving music streaming trade.”
Diesel Alexis Lanternier describes him as “an skilled entrepreneur and seasoned government with a ardour for constructing digital client items platforms in Europe, Asia and North America over the previous 14 years.”
Most just lately, he co-founded and developed Branded, a client merchandise firm. Previous to that, Lanternier served as government vice chairman of e-commerce for Walmart Canada, the place he “led the institution of a multi-billion-dollar on-line grocery enterprise,” Deezer mentioned.
On the similar time, from 2014 to 2019, he held more and more vital positions in e-commerce platforms below Alibaba Group Lace up In Southeast Asia.
Deezer mentioned that as CEO of Lazada Singapore, Lanternier “pushed the corporate to attain vital market management by efficiently guiding his crew to implement a 360-degree technique.”
Throughout his tenure as CEO, Lazada acquired on-line grocery startup Redmart and launched LiveUp loyalty subscriptions, together with content material partnerships with Netflix and Uber.
Lanternier started his profession as an engagement chief at Boston Consulting Group in France and america, specializing in “large-scale transformation initiatives,” and later held numerous class administration roles at Amazon in media and attire.
“Deezer is an inspiring French know-how pioneer uniquely positioned to assist the numerous modifications going down within the world music trade whereas making certain advantages for all stakeholders.”
Alexis Lanternier
“I’m delighted to be becoming a member of Deezer at such a crucial time,” mentioned Alexis Lanternier.
“Deezer is an inspiring French know-how pioneer uniquely positioned to assist the numerous modifications going down within the world music trade whereas making certain advantages for all stakeholders.”
Lanternier added, “Its constant technique of favoring honest artist compensation, immersive collaborative music experiences, and a state-of-the-art know-how platform makes it ideally positioned to grab future progress alternatives. I sit up for working with Deezer’s gifted crew Working as a crew to additional strengthen our expertise platform as an innovator for music lovers.
“We’re delighted to welcome Alexis Lanternier as Deezer’s new CEO. Alexis has a powerful background in main dynamic organizations and driving transformative progress, each internationally and in France.
Iris Knobloch, Deezer Board of Administrators
Iris Knobloch, Chairman of the Deezer Board of Administrators, added: “We’re delighted to welcome Alexis Lanternier as Deezer’s new CEO. Alexis has a powerful background in main dynamic organizations internationally and in France and driving transformative progress.
“His imaginative and prescient for Deezer is compelling, and we’re assured his management will drive the corporate to new ranges of success. As we proceed to innovate and broaden our merchandise, Alexis’ experience will likely be crucial to navigating the ever-changing streaming panorama and serving our The consumer expertise supplied will likely be invaluable.
“On behalf of the Board, I’d additionally prefer to thank Stu Bergen for efficiently turning his non permanent mission right into a interval of consolidation and progress for the corporate.”
Deezer’s consolidated income within the first quarter of 2024 reached 132.5 million euros, a rise from the identical interval final 12 months Annual improve of 14.2% Calculated at a set trade charge.
This income determine interprets to $144 million Calculated primarily based on the typical quarterly trade charge printed by the European Central Financial institution.
The corporate’s subscriber base reaches 10.5 million In contrast with 9.3 million within the first quarter of 2023, this is a rise of 12.8%.world music enterprise
