Deezer appoints Alexis Lanternier as its new chief executive.
Lanternier will take over as interim CEO Stu Bergen France-based music streaming service, effective September 2, 2024.
Bergen will remain on Deezer’s board of directors. Bergen was named interim CEO in March following the departure of former CEO Jeronimo Folgueira.
Lanternier will be based at Deezer headquarters in Paris, working closely with the Board of Directors and the Deezer leadership team.
Deezer said the appointment will “enable Deezer to deliver continued profitable growth and innovation in the evolving music streaming industry.”
Diesel Alexis Lanternier describes him as “an experienced entrepreneur and seasoned executive with a passion for building digital consumer goods platforms in Europe, Asia and North America over the past 14 years.”
Most recently, he co-founded and developed Branded, a consumer products company. Prior to that, Lanternier served as executive vice president of e-commerce for Walmart Canada, where he “led the establishment of a multi-billion-dollar online grocery business,” Deezer said.
At the same time, from 2014 to 2019, he held increasingly important positions in e-commerce platforms under Alibaba Group Lace up In Southeast Asia.
Deezer said that as CEO of Lazada Singapore, Lanternier “driven the company to achieve significant market leadership by successfully guiding his team to implement a 360-degree strategy.”
During his tenure as CEO, Lazada acquired online grocery startup Redmart and launched LiveUp loyalty subscriptions, including content partnerships with Netflix and Uber.
Lanternier began his career as an engagement leader at Boston Consulting Group in France and the United States, specializing in “large-scale transformation initiatives,” and later held various category management roles at Amazon in media and apparel.
“Deezer is an inspiring French technology pioneer uniquely positioned to support the significant changes taking place in the global music industry while ensuring benefits for all stakeholders.”
Alexis Lanternier
“I am delighted to be joining Deezer at such a critical time,” said Alexis Lanternier.
“Deezer is an inspiring French technology pioneer uniquely positioned to support the significant changes taking place in the global music industry while ensuring benefits for all stakeholders.”
Lanternier added, “Its consistent strategy of favoring fair artist compensation, immersive collaborative music experiences, and a state-of-the-art technology platform makes it ideally positioned to seize future growth opportunities. I look forward to working with Deezer’s talented team Working as a team to further strengthen our experience platform as an innovator for music lovers.
“We are delighted to welcome Alexis Lanternier as Deezer’s new CEO. Alexis has an impressive background in leading dynamic organizations and driving transformative growth, both internationally and in France.
Iris Knobloch, Deezer Board of Directors
Iris Knobloch, Chairman of the Deezer Board of Directors, added: “We are delighted to welcome Alexis Lanternier as Deezer’s new CEO. Alexis has an impressive background in leading dynamic organizations internationally and in France and driving transformative growth.
“His vision for Deezer is compelling, and we are confident his leadership will drive the company to new levels of success. As we continue to innovate and expand our products, Alexis’ expertise will be critical to navigating the ever-changing streaming landscape and serving our The user experience provided will be invaluable.
“On behalf of the Board, I would also like to thank Stu Bergen for successfully turning his temporary mission into a period of consolidation and growth for the company.”
Deezer’s consolidated revenue in the first quarter of 2024 reached 132.5 million euros, an increase from the same period last year Annual increase of 14.2% Calculated at a fixed exchange rate.
This revenue figure translates to $144 million Calculated based on the average quarterly exchange rate published by the European Central Bank.
The company’s subscriber base reaches 10.5 million Compared with 9.3 million in the first quarter of 2023, this is an increase of 12.8%.global music business
