Jeremy Erlich is joining Interscope Geffen A&M as the music company’s new CFO and executive VP of business development, Billboard has learned.
It’s fitting reward for Erlich, who cracked Billboard’s 2015 “40 Under 40” list when he served as Universal Music Group’s head of corporate development and strategy, a role he held for five years.
The Paris-born former investment banker worked closely on UMG’s purchase of EMI, the sale of Parlophone, the 2014 acquisition of Eagle Rock Entertainment and oversaw investments in Meerkat, Pluto TV and Jelli, among others.
Now, he will join John Janick, working closely with the Interscope Geffen A&M Chairman/CEO on developing opportunities for its artists on new technology, platforms and services. And he will be responsible for building on the company’s financial health.
“At Interscope, Jeremy’s background in both music and tech really makes him the perfect fit for us,” says Janick in an internal memo seen by Billboard. “He understands both where we are and where we’re going.”
Erlich will also continue to advise UMG’s senior executive team.