Business News Industry People Labels & Publishers

Rejig announced for Concord top team

By | Published on Wednesday 8 February 2023


Concord has announced a rejig of its top team which will see CEO Scott Pascucci and Chief Label Officer Tom Whalley stand down at the end of June. Though both will become members of a newly formed Concord Advisory Board.

Pascucci will be succeeded as CEO by Bob Valentine, who is currently the firm’s President. As well as being involved in this new advisory board, the departing CEO will also remain as a member of the music company’s board of directors. Meanwhile, Whalley will remain involved on a day-to-day basis with Loma Vista Recordings, the label he founded in 2012 and which first allied with Concord back in 2014.

Confirming his departure, Pascucci said he was “proud” of what he and his team have accomplished over the last decade, adding: “We have built a company that matters in the music industry, a place that cares about its employees, artists and writers, and that is well-positioned for the future. I look forward to continuing on the board of directors, to help guide the company forward under Bob’s leadership, while also having more time to focus on my interests in film and social impact initiatives”.

Valentine added: “Scott has led Concord through an immense amount of growth and change over the last decade, and I couldn’t be prouder of the company that he and Tom have helped to flourish. I’m excited to lead Concord’s next chapter, and I’m happy that Scott and Tom will continue to provide their insights and advice along the way”.