PRS for Music announces new appointment
Stephen Davidson appointed as an external Director and Executive Board chair
The organisation that represents over 100,000 songwriters, composers and publishers has confirmed the appointment of Stephen Davidson, as an external Director and Executive Board chair.
Stephen replaces Peter Bamford, who left PRS for Music at the end of October after six years of service, during which time he made a major contribution to the governance of the organisation.
Stephen has held various positions in both industry and investment banking, finally at WestLB Panmure where he was Global Head of Media and Telecoms and Vice Chairman of Investment Banking. He is Chairman of Datatec Ltd (JSE and AIM listed) and Actual Experience plc, a non-executive director of Inmarsat plc and Restore plc and Deputy Chairman of Jaywing Group plc.
From 1 January 2015, Stephen will chair the Licensing and Nomination-Remuneration Committees in addition to the Executive Board of PRS for Music Ltd.
Stephen’s experience at the helm of so many global companies positioned him ideally for the role of Chairman of our Executive Board. The breadth of his knowledge, particularly of media and telecoms, perfectly equips him to help to drive our business forward and I am delighted to welcome him to PRS for Music.
About PRS for Music
PRS for Music represents the rights of over 125,000 songwriters, composers and music publishers in the UK. As a membership organisation it ensures creators are paid whenever their music is played, performed or reproduced, championing the importance of copyright to protect and support the UK music industry. The UK has a proud tradition of creating wonderful music that is enjoyed the world over and PRS for Music has been supporting the creators of that music since 1914.
PRS for Music provides business and community groups with easy access to nearly 22.2m songs through its music licences. In an industry worth over £4.1bn, PRS for Music is uniquely placed to be a voice for music and music creators. Collecting £621.5m in 2016, PRS for Music is one of the world’s leading music collective management organisations. With over 100 representation agreements in place globally, PRS for Music's network represents over two million music creators.