SoundCloud today announced that President, Michael Weissman, will succeed Kerry Trainor as the company’s next Chief Executive Officer — effective January 1, 2021. Weissman succeeds longtime colleague and partner, Trainor, who will remain a member of the Board of Directors.
Since joining the company in 2017, Weissman has been a key leader in driving SoundCloud’s growth. He joined the company as Chief Operating Officer, and was promoted to President in 2019. He has been instrumental in expanding SoundCloud as the principal architect of some of the company’s key strategic initiatives including its music licensing efforts, its U.S. ad sales partnership with Pandora, and the acquisition and integration of artist services company, Repost Network.
Since SoundCloud’s 2017 investment, the company refocused on its core creator-driven discovery network while driving sustainable financial performance. With the end of 2020 in view, SoundCloud recently achieved its first profitable quarter, and will complete its third consecutive year of accelerating revenue growth with a strong balance sheet to continue investing in growth and strategic initiatives.
Alongside strong business performance, SoundCloud continues to build the world’s largest open audio platform with over 250 million tracks, 12 million creators heard every month, and over 80,000 artists now monetizing their music directly with SoundCloud. It is the #2 music app on iOS in the U.S., engaging the youngest, most diverse audience of any major audio service.
SoundCloud is the world’s largest open audio platform, powered by a connected community of creators, listeners, and curators on the pulse of what's new, now and next in culture. Founded in 2007, SoundCloud empowers the world’s audio creators with the best tools, services, and resources to build and grow their careers. With over 250 million tracks from 30 million creators heard in 190 countries, what’s next in music is first on SoundCloud.