Expertise, leisure, sports activities and advertising agency UTA has added Predominant Road Advisors CEO Paul Wachter and Nexus Administration Group founder Ceci Kurzman to its board.
Wachter will assume the position of Chairman of the Board.
UTA says the appointment of Wachter and Kurzman as impartial administrators comes “amid the dramatic development and diversification” of UTA’s enterprise in recent times.
The corporate’s current acquisitions embody UK literary and humanities company Curtis Brown Group and leisure and advertising consultancy MediaLink, in addition to the July 2022 strategic partnership with personal fairness agency EQT.
Kurzman is the founding father of Nexus Administration, which started as an artist administration agency and has advanced right into a platform for personal investments within the shopper, media and know-how sectors.
She has served on public, personal and not-for-profit boards since 2012, which presently embody Warner Music GroupMan Group and Lanvin Group, amongst others.
All through his profession, Kurzman has led the careers of among the world’s most profitable musical artists.
Previous to founding Nexus in 2004, Kurzman held government positions at Arista Information and Sony MusicIt’s Epic Information.
Paul Wachter is the founder and CEO of Predominant Road Advisors. With over $8 billion in belongings underneath administration, Predominant Road Advisors is a number one investor in sports activities, media, music and leisure.
Wachter has helped direct the monetary and enterprise technique of a lot of a very powerful folks and transactions in these industries, together with the creation of LeBron James’ off-court enterprise, Beats by Dre with Jimmy Iovine and Dr. Dre, and the continued development and enlargement of Fenway Sports activities Group.
Wachter has served on the boards of Time Warner, Virgin America and Beats Electronics.
In 2005, Wachter was a key member of Arnold Schwarzenegger’s recall marketing campaign and served as an out of doors adviser to Governor Schwarzenegger all through his tenure as governor, together with serving as director of the UC Board of Trustees of 2004 to 2016.
“I’m very honored to affix the board and excited to be a part of how UTA continues to innovate for its clients and traders.”
Paul Wachter
“I’ve seen Jeremy and UTA construct one of many quickest rising corporations in leisure, sports activities and media. These industries are going by means of a generational transformation, and UTA is uniquely positioned to be one of many corporations on the heart of that. right here,” Wachter stated.
“I’m very honored to affix the board and excited to be a part of how UTA continues to innovate for its clients and traders.”
“The addition of Paul and Ceci, with their community of experience in leisure and know-how, finance and company governance, is one other highly effective sign concerning the trajectory of our firm and the work we’re doing for the account of our clients.”
Jeremy Zimmer, UTA
Jeremy Zimmer, co-founder and CEO of UTA, stated: “The addition of Paul and Ceci, with their community of experience in leisure and know-how, finance and company governance, is one other sign. highly effective on the trajectory of our firm and the work that we’re. to do on behalf of our purchasers,
“After we launched EQT final summer season as UTA’s largest minority investor, we collectively acknowledged the worth of including skilled outdoors voices to the board to assist us pursue our targets.
“Paul and Ceci are each enthusiastic about artists and tradition and acknowledge the significance of how UTA can proceed to guide into the long run. We could not be luckier to see them play these roles.”
“I am excited to work with the remainder of the UTA Board to proceed to innovate and pursue their imaginative and prescient.”
This Kurzman
Says Kurzman: “Tradition, leisure and sport are common throughout the globe, creating new types of disruption and alternative on daily basis. UTA touches each nook of those ecosystems and has the rising attain and capabilities to proceed to drive the success of the extraordinary artists, athletes and clients they signify.
“I am excited to work with the remainder of the UTA Board to proceed to innovate and pursue their imaginative and prescient.”The music trade all over the world