SAMRO Extends CEO’s Contract As Search Is Underway For Suitable Replacement
The Southern African Music Rights Organisation (SAMRO) is happy to announce that it has extended the contract of its CEO, Mark Rosin, for a further 10 months, while it seeks a suitable candidate to take over the position.
Rosin has headed up the organisation since February 2020, when he was appointed CEO on a two-year contract. At the time, he was tasked with turning around and rightsizing an ailing SAMRO, with some, at the time, describing it as one of the hardest jobs in the South African music industry.
However, he rose to the challenge and took charge of both the strategic and operational elements of the organisation as SAMRO did not have a COO at the time.
“We are pleased that Mark has agreed to an extension. SAMRO has seen a successful turnaround and significant positive changes that were achieved over the last two years. We have made great strides in removing the shackles of the past and making SAMRO an effective and efficient member-centric organisation,” says SAMRO Chairperson Nicholas Maweni.
“Under Mark’s leadership, we have also seen a significant increase in revenue from music users, in part because SAMRO signed more favourable contracts with them. This has resulted in higher royalty pay-outs to our members,” Maweni says.
The board of SAMRO decided to extend Mark’s employment contract so that he is able to conclude the 2021/2022 financial year which ends in June 2022 and will also give the board enough time to secure a new CEO.
“The extension will enable him to hand the position over to his successor in a structured and organised manner, with enough time for preparation. The board has embarked on an extensive and broad search for the right individual and will be considering prospective CEO candidates over the next few months,” adds Maweni.
“We are expecting to appoint a suitable candidate who will start working with Mark in the second half of 2022 and will assume the position fulltime at the beginning of the last quarter of 2022,” Maweni concludes.
