Deezer Names Interim CEO Following Departure of Jeronimo Folgueira

Stu Bergen Deezer interim CEO
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Stu Bergen Deezer interim CEO
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Photo Credit: Deezer (Stu Bergen)

Following the departure of CEO Jeronimo Folgueira, Deezer has named its new interim CEO Stu Bergen, effective April 1.

Stu served as an independent non-executive director on Deezer’s board since February 2023. He will now serve as interim CEO until the appointment of a new permanent CEO and will remain on the Deezer Board of Directors. Stu joins Deezer after three decades of an illustrious career in the music industry.

He has held key leadership positions with multiple record labels, including Warner Music for over 14 years. Most recently Stu was CEO, International and Global Commercial Services at Warner Music. Prior to his tenure there, he served as President International Recorded Music at Warner Music Group.

Deezer says Stu’s in-depth knowledge of the music and digital industries positions him perfectly to boost the company’s strategic direction and facilitate a seamless transition. “He will play a pivotal role in guiding the group’s efforts toward bolstering its direct subscriber base in key markets, fostering partnership growth to facilitate international expansion and achieving free cash flow positivity in 2024.”

“I am honored to accept the interim CEO role at Deezer at this pivotal time,” Stu says. “I am committed to strengthening the company’s values and driving its growth trajectory forward. With the dedicated team and clear objectives already in place, I am eager to lead us through this period of transition, ensuring the company is prepared for its ambitious future.”

“On behalf of the board, I would like to thank Stu for graciously accepting the interim CEO position at Deezer during this transitional period,” adds Iris Knobloch, Chairwoman of the Board of Directors. “With his focus on the company’s expansion and his dedicated leadership, we are confident we will continue to make significant strides towards achieving our goals.”

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