He will replace Eric Levin, the long-time finance chief, who is set to retire from the music major at the end of 2023 after a transition.
“Bryan has wide-ranging experience helping one of the world’s most impactful creative enterprises build long-term value and unlock new global possibilities. A dynamic, operational CFO, he’ll be an excellent addition to our executive leadership team, as we grow the WMG of the future for the benefit of our artists, songwriters, investors, employees, and partners,” Kyncl said in a statement.
Castellani joins the company as it continues to seek increases in monthly fees for music subscription services, while the music major innovates with new artificial intelligence tools. “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,” Castellani said in his own statement.
Before serving as CFO for Disney Entertainment and ESPN, Castellani was executive vp of finance for Disney Media and Entertainment Distribution, and before that was executive vp and CFO of ESPN.
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