Kobalt CFO Tom Sansone Steps Down And Promotes Catrin Drabble To Chief Financial Officer
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Kobalt Music Group
Kobalt announced that Tom Sansone, has stepped down as Chief Financial Officer (CFO). Sansone will remain an advisor to the CEO and aid in the transition of recently promoted CFO, Catrin Drabble, effective April 15th, 2022. Drabble most recently held the title of executive vice president, corporate development, and finance.
“Tom has been an incredible leader for Kobalt over the past six years and has led the business to be in the strongest financial shape it has ever seen,” said Kobalt CEO Laurent Hubert. “I am glad he will remain as a close advisor, and we all agree elevating Catrin was a natural next step for the company. Catrin has constantly been a high-performer with a deep understanding of music business economics. She has been the key leader in bridging finance and investment teams, as well as a critical part of our path to profitability.
Since joining Kobalt in 2017, Drabble has revamped the investment team, led many initiatives around proprietary forecasting and deal underwriting, and overseen hundreds of millions worth of signings and acquisitions. Most notably, SONGs, Shellback, Flyte Tyme, and more. More recently, Catrin managed the re-organization of the FP&A team and processes and played a key role in Kobalt’s Corporate Development activities, most notably the sale of AWAL and KNR in 2021.
“Having hired Tom in 2016 and working closely with him since then, I have truly enjoyed his camaraderie both on a daily basis and during our bigger capital raises and transformative work. I thank him for his time at Kobalt, said Founder and Chairman, Willard Ahdritz. “I have always been impressed by Catrin’s extensive knowledge and work ethic while working with her in my capacity as CIO of Kobalt Capital, and seeing her growth over the last five years has been exciting. I am pleased that she will now take on the position of CFO.”
Source Kobalt Music Group
March 16, 2022 9:00am ET by Pressparty