BMI Names New Chief Financial Officer

BMI announced the appointment of Martijn Tel to the position of Chief Financial Officer. He reports to President & CEO Mike O'Neill and will be a member of the Company's executive leadership team. Tel will be based in BMI's New York office.

"Martijn's wealth of experience, particularly working with companies with ambitious growth plans, makes him a perfect fit for BMI now," said O'Neill. "I look forward to working with him and our team as we continue to implement strategic initiatives designed to fulfill BMI's mission to grow the value of music for our creators and copyright owners."

Tel has extensive experience serving in senior financial positions at both public and private companies. Most recently, he was the Chief Financial Officer of Gerson Lehrman Group, a global data & information services provider backed by the private equity firm SFW Capital Partners. While there he led a finance transformation that enabled the leadership team to better understand performance across different businesses, regions, and clients, and enhanced automation and upgraded systems, including the implementation of an enterprise data management system. Tel previously served in CFO and operating positions at a number of companies in the information services industry and has worked with several private equity sponsors. A native of the Netherlands, he has two finance degrees from Vrije Universiteit in Amsterdam.

In his new position, Tel joins two other recently named executives on the BMI leadership team whose appointments were announced in July, Chief Technology Officer Tom Kershaw and Chief Transformation Officer Justin Rohde. All three will be integral as BMI continues to implement its strategic growth plan by enhancing the support it provides to creators and seeking new sources of revenue for them.