The experienced financial executive will take over for Eric Levin, who announced his retirement earlier this year.
Rafael Henrique/SOPA Images/LightRocket via GIas the label group’s next executive vice president and chief financial officer, effective Oct. 16. Based in New York, Castellani will report to WMG’s CEO,Castellani has nearly 30 years at The Walt Disney Company under his belt, most recently serving as CFO for Disney Entertainment & ESPN.
Kyncl noted that Levin departs “with our deepest respect for his many contributions during an extraordinary period of growth that included WMG’s global expansion, numerous major acquisitions, and a successful IPO.” Castellani said: “I’m delighted to be joining WMG at such an exciting and pivotal time for the company and the music industry. Music is a powerful global force, unconstrained by any specific model or format, and has significant business upside. Robert’s vision for differentiating WMG is inspiring, and I’m looking forward to working with the leadership and finance teams to take the company to the next level in a rapidly evolving landscape.
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