PRS for Music has announced that its CEO, Andrea Czapary Martin, will be stepping down at the end of 2026.
Andrea joined PRS in June 2019, before expertly guiding the society through the pandemic. This included the launch of the Emergency Relief Fund, which provided invaluable financial support for PRS members during lockdown. She also oversaw the CMO's move to its current home in London Bridge in 2021.
Andrea announced a bold new vision for PRS in 2021, with the ambition to pay out over £1bn in royalties while reducing the cost-to-income ratio to below 10%. PRS achieved that goal in 2024, paying out £1.02bn with a 9% cost-to-income.
In a statement, Andrea said: ‘I am immensely proud of everything PRS for Music has achieved, not least the doubling of revenues and distributions over the last 10 years. These groundbreaking financial results were possible due to the culture of innovation and agility now embedded in everything we do.
‘My commitment remains to delivering the best possible outcomes for the songwriters, composers and publishers we have the privilege to represent, and to ensuring a smooth transition to the next phase of leadership.’
The timescale of Andrea’s departure, which was reached in agreement with the PRS Members’ Council, is intended to allow for the best possible leadership transition for PRS and ensure the society continues to deliver for its members.
Julian Nott, Chair of the PRS Members’ Council, said: ‘Andrea’s commitment to the company has never wavered, and that spirit will undoubtedly continue until her departure. We are deeply grateful for everything she has given to this organisation and its members.’
Main image credit: Louise Haywood Schiefer
.ashx)
