Warner Music Group has appointed former Disney executive Bryan Castellani as Executive Vice President and Chief Financial Officer.
He will be inducted into the music major along with Ed Sheeran and Dua Lipa on October 16 and will replace Eric Levin. The longtime CFO will remain at WMG until the end of 2023, before Levin retires, to ensure a smooth transition.
Castellani spent more than twenty years at The Walt Disney Company, most recently as CFO for Disney Entertainment and ESPN. Based in New York, he will report to WMG CEO Robert Kyncl at a pivotal time for the music entertainment industry.
“Bryan has extensive experience helping one of the world’s most impactful creative companies build long-term value and unlock new global opportunities. As a dynamic, operational CFO, he will be an excellent addition to our executive leadership team as we grow the WMG of the future for the benefit of our artists, songwriters, investors, employees and partners,” Kyncl said in a statement.
Castellani joins the company as it continues to push for increases in monthly fees for music subscription services as the major music company innovates with new artificial intelligence tools.
“I am thrilled to be joining WMG at such an exciting and pivotal time for the company and the music industry. Music is a powerful global force, not limited by any specific model or format, and has significant business benefits,” Castellani said in his own statement.
Before serving as CFO for Disney Entertainment and ESPN, Castellani was Executive Vice President of Finance at Disney Media and Entertainment Distribution, and before that he was Executive Vice President and CFO of ESPN.