Expertise, leisure, sports activities and advertising and marketing firm UTA has added Major Avenue Advisors CEO Paul Wachter and Nexus Administration Group founder Ceci Kurzman to its board of administrators.

Wachter will function the board’s Chairman.

UTA says that the naming of Wachter and Kurzman as unbiased administrators comes “amid the dramatic progress and diversification” of UTA’s enterprise lately.

The corporate’s latest acquisitions embody UK expertise and literary company Curtis Brown Group and leisure and advertising and marketing advisory agency MediaLink, in addition to the strategic partnership solid in July 2022 with non-public fairness agency EQT.

Kurzman is the founding father of Nexus Administration, which started as an artist administration firm and developed right into a platform for personal investments within the client, media and know-how sectors.

She has served on public, non-public and nonprofit boards since 2012, which at present embody Warner Music Group, Man Group and Lanvin Group, amongst others.

All through her profession, Kurzman has shepherded the careers of among the world’s most profitable music artists.

Previous to founding Nexus in 2004, Kurzman held govt roles at Arista Data and Sony Music’s Epic Data.

Paul Wachter is the founder and CEO of Major Avenue Advisors. With over $8 billion in property below administration, Major Avenue Advisors is a distinguished investor in sports activities, media, music and leisure.

Wachter has helped lead monetary and enterprise technique for lots of the most distinguished people and transactions throughout these industries, together with constructing LeBron James’ off-court enterprise, Beats by Dre with Jimmy Iovine and Dr. Dre, and the continued progress and growth of Fenway Sports activities Group.

Wachter has served on the boards of Time Warner, Virgin America and Beats Electronics.

In 2005, Wachter was a key member of Arnold Schwarzenegger’s recall marketing campaign and served as an outdoor advisor to Governor Schwarzenegger all through his governorship, together with as a director on the UC Board of Regents from 2004 to 2016.

“I’m very honored to affix as board Chairman and thrilled to be part of how UTA continues to innovate for his or her purchasers and traders.”

Paul Wachter

“I’ve watched Jeremy and UTA construct one of the vital dynamic companies in leisure, sports activities and media. These industries are going by means of a generational transformation, and UTA is uniquely positioned to be one of many corporations on the middle of it,” mentioned Wachter.

“I’m very honored to affix as board Chairman and thrilled to be part of how UTA continues to innovate for his or her purchasers and traders.”

“The addition of Paul and Ceci, with their internet of experience in leisure and know-how, finance and company governance, is one other highly effective sign concerning the trajectory of our firm and the work we’re doing on behalf of our purchasers.”

Jeremy Zimmer,  UTA 

Jeremy Zimmer, co-founder and CEO of UTA mentioned: “The addition of Paul and Ceci, with their internet of experience in leisure and know-how, finance and company governance, is one other highly effective sign concerning the trajectory of our firm and the work we’re doing on behalf of our purchasers,”

“Once we introduced in EQT final summer season as UTA’s largest minority investor, we collectively acknowledged the worth of including skilled exterior voices to the board to assist us proceed to pursue our targets.

“Each Paul and Ceci are enthusiastic about artists and tradition and acknowledge the significance of how UTA can proceed to steer into the long run. We couldn’t be extra lucky to have them entering into these roles.”

“I’m excited to work with the remainder of the UTA board to proceed to innovate and pursue their imaginative and prescient.”

Ceci Kurzman

Mentioned Kurzman: “Tradition, leisure and sports activities are common all through the world, creating new types of disruption and alternative day by day. UTA touches each nook of those ecosystems and has the rising attain and capabilities to proceed to drive success for the extraordinary artists, athletes and purchasers they characterize.”

“I’m excited to work with the remainder of the UTA board to proceed to innovate and pursue their imaginative and prescient.”Music Enterprise Worldwide