Jem Aswad Senior Music EditorDowntown Music Holdings has announced that its founder and current CEO Justin Kalifowitz will take on a new position as executive chairman, with current COO Andrew Bergman assuming day-to-day responsibilities as the company’s CEO.
The move will become effective on September 1.According to the announcement, Kalifowitz, who has served as CEO since establishing the company more than 14 years ago, will continue to focus on driving strategic development, leading Downtown’s Board of Directors and working together with Bergman and the executive team on transformational growth opportunities for the company.
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