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Stephen Russo
EVP & CFO, US Frontline Label Group at Sony Music Entertainment | Startup Mentor | Advisor
Stephen Russo is a high-ranking executive at Sony Music Entertainment, currently serving as Executive Vice President & CFO of the US Frontline Label Group.23 His career in the music industry spans several decades, showcasing his expertise in finance and operations within the entertainment sector.
Career Progression
Russo's journey at Sony Music Entertainment began in 1994 when he joined the company.1 His career at Columbia Records, a subsidiary of Sony Music, started in 2005 when he took on the role of Vice President of Finance & Operations.5 Over the years, he steadily climbed the corporate ladder:
- 2010: Promoted to Senior Vice President
- 2015: Appointed Chief Financial Officer (CFO) of Columbia Records
- 2017: Promoted to Executive Vice President while retaining his CFO position15
Responsibilities
In his current role, Russo oversees several crucial aspects of Columbia Records' operations:
- Finance and Operations
- Marketing Financial Planning
- Release Planning
- Touring & Events
- Digital Production functions1
Professional Background
Stephen Russo is a licensed Certified Public Accountant (CPA) and Chartered Global Management Accountant (CGMA).1 This financial expertise has been instrumental in his success within the music industry, allowing him to navigate the complex financial landscape of a major record label.
Recognition
Rob Stringer, CEO of Sony Music, has praised Russo's contributions, stating that he "has played an indispensable leadership role in all of Columbia's financial and operational functions for many years" and highlighting his "exceptional ability to strategically navigate today's diverse marketplace on behalf of the label".1
Stephen Russo's LinkedIn profile (username: stephen-russo-075ab431) describes him as a C-suite executive with extensive media and entertainment experience across finance.4 His long-standing career at Sony Music Entertainment and his progression to top executive positions demonstrate his significant impact on the company's financial strategies and operations.