Deezer has named Alexis Lanternier as its new CEO.
Lanternier will succeed interim CEO Stu Bergen on the France-headquartered music streaming service, efficient September 2, 2024.
Bergen will stay on Deezer’s Board of administrators. Bergen was appointed interim CEO in March, following the departure of former CEO, Jeronimo Folgueira.
Lanternier might be based mostly within the Deezer HQ in Paris, working carefully with the board of administrators and the Deezer management workforce.
Deezer stated that the appointment will “place Deezer for continued worthwhile progress and innovation within the evolving music streaming trade”.
Deezer describes Alexis Lanternier “as a seasoned entrepreneur and skilled government captivated with constructing digital client items platforms throughout Europe, Asia and North America during the last 14 years”.
Most just lately, he co-founded and developed Branded, a client items firm. Previous to this, Lanternier was EVP of Walmart Canada ecommerce, the place, Deezer stated, “he led the build-up of a multi-billion greenback on-line grocery enterprise”.
In the meantime, from 2014 to 2019, he held positions of accelerating accountability at Alibaba Group-owned e-commerce platform Lazada in Southeast Asia.
Based on Deezer, as CEO of Lazada Singapore, Lanternier “drove the corporate to distinguished market management by efficiently steering his workforce by means of a 360 technique”.
Throughout his tenure as CEO, Lazada acquired on-line grocery startup Redmart and launched the LiveUp loyalty subscription, together with content material partnerships with Netflix and Uber.
Lanternier started his profession as a Mission Chief at Boston Consulting Group in France and the US, specializing in “large-scale transformation initiatives,” and later in a number of class administration roles at Amazon in Media and Attire.
“Deezer is an inspiring French tech pioneer and is uniquely positioned to help the foremost modifications taking place within the world music trade whereas guaranteeing all stakeholders profit.”
Alexis Lanternier
“I’m thrilled to be becoming a member of Deezer at such a pivotal time,” stated Alexis Lanternier.
“Deezer is an inspiring French tech pioneer and is uniquely positioned to help the foremost modifications taking place within the world music trade whereas guaranteeing all stakeholders profit.”
Added Lanternier: “Its constant technique in favor of honest artist compensation, immersive and collaborative music experiences and its state-of-the-art expertise platform make it ideally positioned to grab future progress alternatives. I look ahead to working with the gifted workforce at Deezer to additional strengthen our experiential platform because the innovator for music lovers.”
“We’re thrilled to welcome Alexis Lanternier as the brand new CEO of Deezer. Alexis has a formidable background in main dynamic organizations internationally in addition to in France and driving transformative progress.”
Iris Knobloch, Deezer Board of Administrators
Iris Knobloch, Chair of the Board of Administrators of Deezer, added: “We’re thrilled to welcome Alexis Lanternier as the brand new CEO of Deezer. Alexis has a formidable background in main dynamic organizations internationally in addition to in France and driving transformative progress.
“His imaginative and prescient for Deezer is compelling, and we’re assured that his management will propel the corporate to new ranges of success. As we proceed to innovate and develop our choices, Alexis’s experience might be invaluable in navigating the evolving streaming panorama and delivering experiences to our customers.
“On behalf of the board of administrators, I additionally wish to thank Stu Bergen for having succeeded in making his interim mission a interval of consolidation and growth for the corporate.”
Deezer’s consolidated revenues reached €132.5 million in Q1 2024, up 14.2% YoY at fixed foreign money.
That income determine converts to USD $144 million on the common quarterly trade fee revealed by the European Central Financial institution.
The corporate’s subscriber base reached 10.5 million in Q1, versus 9.3 million in Q1 2023, a 12.8% enhance.Music Enterprise Worldwide
