Downtown’s CEO Pieter van Rijn was appointed Chief Operating Officer following the deal, and he will report to Virgin’s co-CEOs Nat Pastor and Jt Myers. Meanwhile, Downtown founder Justin Kalifowitz confirmed he’d be stepping down from the company, while Andrew Bergman will take on a senior advisory role, the companies said.
“Pieter’s appointment signals our intent to bring these businesses together thoughtfully and strategically,” Pastor said in a statement. “This is about making both Virgin Music Group and Downtown even better — preserving their distinct strengths while increasing the investment, technology and global resources available to independent entrepreneurs. Pieter’s experience and leadership make him the right person to help guide us forward.
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