Bob Valentine, Kent Hoskins
Concord CFO Bob Valentine has been promoted to President of the company and current Concord Music Publishing CFO Kent Hoskins is rising to Concord CFO. Both Valentine and Hoskins are assuming their new responsibilities immediately and report to Concord CEO Scott Pascucci.
In his new role, Valentine will continue to work closely with Pascucci to guide the company’s overall business strategy and in tandem with the rest of the senior executive team, will lead Concord’s efforts to grow via additional acquisitions, furthering the interests of Concord’s artists, writers, composers, playwrights and partners and helping expand its reach into new markets centered around music and music-related IP.
Nashville-based, Valentine began his association with Concord in 1999, when he worked as Vice President of Business Development for Norman Lear’s Act III Entertainment. In 2001, he joined the business development department of Fox Entertainment’s television division. Four years later he returned to Concord as CFO of the newly-formed Concord Music Group, Inc. When Concord merged with Village Roadshow Entertainment Group, in 2008, he subsequently served dual roles as CFO of Concord and SVP of Business Development for Village Roadshow. Upon Village Roadshow’s decision to divest of Concord in 2013, he helped manage its sale and stayed with the company as CFO and COO. In 2015, Concord Music Group merged with Bicycle Music, and rebranded as Concord in 2019, and Valentine was named CFO of the overall group upon the merger. During his career Valentine helped deploy over $1.5 billion of equity and debt capital to acquire music and theatrical rights and was a key contributor in driving Concord’s growth from an $8 million/year jazz record label to a $500 million + revenue global company. Before joining Act III, Valentine received his M.B.A. degree from U.C.L.A.’s Anderson School of Management. He began his career as a financial analyst in investment banking at Morgan Stanley.
“Bob has been a key contributor to Concord’s evolution and growth over the better part of twenty years. He takes great pride in the history and culture of the company and understands as well as any of us the work and dedication that our entire team has invested in the dramatic evolution of Concord. This is a well-deserved promotion in recognition of his invaluable contributions to the future vision of Concord,” says Pascucci. “He will be replaced by Kent Hoskins, another extraordinary executive who has been serving as CFO of both Concord Music Publishing and Concord Theatricals. His transition to CFO of the entire company will be seamless and the entire Board looks forward to working even more closely with Kent in the coming years.”
“I’m extraordinarily proud and humbled by the growth and success of Concord, and even more thankful for the many, many people who have worked so hard to make Concord what it is today. Scott, our Board and I have developed an outstanding working partnership and I look forward to continuing our collective mission to make Concord the leading independent, worldwide leader in the music industry,” says Valentine.
A New Zealand native, Hoskins was a Chartered Accountant with PricewaterhouseCoopers. He joined Boosey & Hawkes Music Publishers as Group Financial Controller in 2001, working on both the public to private transaction, and the subsequent sale to the Dutch national pension fund backed Imagem in 2008. Hoskins was made Imagem UK CFO and in 2015 was promoted to the global board with the new position of Global Head of Finance. In 2017, following the acquisition of Imagem by Concord, he was promoted to CFO of Concord Music Publishing. He has successfully completed a number of catalogue and company acquisitions, including Samuel French, Pulse Music Group and Sikorski.
“Having worked in the music industry for almost 20 years, I am honored and delighted to be taking up the Concord CFO role,” says Hoskins. “The team at Concord persistently delivers the creative passion and stewardship of their artists, writers and authors with an astute and highly successful growth strategy. I look forward to Concord continuing that success and thank Scott Pascucci and Bob Valentine for their continued support.”
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