Golnar Khosrowshahi

Iranian-Canadian businesswoman
Golnar Khosrowshahi
Golnar Khosrowshahi (Sage East)
BornSeptember 18, 1971
Alma materBryn Mawr College (BA) Columbia University (MBA)
Occupation(s)CEO, Founder Reservoir Media
RelativesHassan Khosrowshahi (father) Dara Khosrowshahi (cousin)
Websitewww.reservoir-media.com

Golnar Khosrowshahi (born September 18, 1971) is an Iranian-Canadian businesswoman and the CEO and Founder of Reservoir Media Management, Inc.[1] She is currently a member of the New York Philharmonic Board of Directors,[2] and she also served as Board Chair of Silkroad, a musical collective founded by cellist Yo-Yo Ma in 2000.[3][4] Khosrowshahi is the daughter of Hassan Khosrowshahi, an Iranian-Canadian investor and philanthropist, and she is the cousin of Dara Khosrowshahi, the current CEO of Uber.

Early life and education

Khosrowshahi was born on September 18, 1971, in Tehran, Iran to Hassan Khosrowshahi and Nezhat Khosrowshahi.

Her father, Hassan, was educated in Iran and England and obtained his degree in law and economics from the University of Tehran. In 1961, at the age of 21, he joined the family business. In 1979, during the Iranian Revolution, Minoo Industrial Group was nationalized and the family was targeted for its wealth. The family fled the country and settled in Vancouver in 1981.

Khosrowshahi's brother, Behzad, runs DRI Capital, a pharmaceutical royalty firm, and her cousin Dara Khosrowshahi has been the CEO of Uber since August 2017.

She received her BA from Bryn Mawr College and her MBA from Columbia University.

Career

Khosrowshahi founded Reservoir in 2007 as a Music Publishing company.[5] The company has since expanded to a full-service music company with 150,000 copyrights, 36,000 master recordings dating back to the 1900s, and with offices in New York City, Los Angeles, Nashville, Toronto, and London.[5][6] In 2021, Reservoir also became a publicly traded company,[7][8] listed on the Nasdaq stock exchange under the ticker RSVR.

In recent years, the company has expanded via acquisition, including acquiring TVT Music Enterprises in 2010, Reverb Music in 2012, P&P Songs in 2013, Chrysalis Records in 2019 and Shapiro Bernstein in 2020.[6][9][10] In 2021, Reservoir Media also acquired Tommy Boy Records for a reported $100 million dollars.[11]

Reservoir has since earned the Publisher of the Year Award at Music Business Worldwide’s The A&R Awards in 2017 and 2019.[12] The company also won Music Week’s Independent Publisher of the Year in 2020[13] and in 2022.[14]

Outside the company, working alongside Artist Director and cellist Yo-Yo Ma, Khosrowshahi served as Board Chair of Silkroad, a musical collective founded in 2000, and now serves as a Director. She is also a Director on the board of the National Music Publishers Association (NMPA), a trade association representing all American music publishers and their songwriting partners (since June 2015), a member of the Steering Committee of the Asia Society Triennial, a multi-venue festival of art, ideas and innovation that focuses on art from and about Asia and the diaspora (since May 2019), and as board member for the esteemed orchestra and organization the New York Philharmonic.[2][3][4][5][15][16] Khosrowshahi previously served as a board member of Restaurant Brands International,[17] one of the world’s largest quick service restaurant companies with more than $34 billion in system-wide sales and approximately 27,000 restaurants in more than 100 countries and U.S. territories, as well as a board member of Nomad Foods (2021-2022).[18]

She is a director emeritus of the Hospital for Sick Children Foundation in Toronto and a trustee emeritus of Pearson College, a United World College.[19]

Awards and accolades

Khosrowshahi was named to Billboard’s Power List in 2020, 2022 and 2021, and was honored as one of Billboard’s Most Powerful Female Executives in 2017, 2018 and 2019 and a Billboard Indie Power Player in 2017 and 2018.[12][20][21][22][23] Additionally, in 2022, Billboard named her the recipient of the Executive of the Year Award at their annual Women In Music Awards, and in 2023 she earned a spot in Billboard's Women in Music Hall of Fame.[24][25] Khosrowshahi was also named to Variety's New York Women's Impact Report 2022.[26]

During Billboard's Women in Music Awards ceremony in 2023, Khosrowshahi gave an address about the ongoing plight of women in Iran, showcasing the strength of women on a global scale and the importance of the freedom of expression, and featuring a performance by Iranian-American musician Chloe Pourmorady.[27]

Personal life

Khosrowshahi lives in New York City. She is a classically trained pianist through the Royal Academy of Music in London, England and the Royal Conservatory of Music in Canada.[1]

References

  1. ^ a b "About NMPA". National Music Publishers Association.
  2. ^ a b Wild, Stephi. "Reservoir Founder and CEO Golnar Khosrowshahi Joins New York Philharmonic Board Of Directors". BroadwayWorld.com. Retrieved 2022-07-06.
  3. ^ a b "Board of Directors". Silkroad.
  4. ^ a b "Rhiannon Giddens named Artistic Director of Silkroad". Music Business Worldwide. July 30, 2019.
  5. ^ a b c Brown, Harley (September 30, 2019). "Reservoir Founder Golnar Khosrowshahi On the Publisher's Data-First Approach and 'Getting Deeper Into Masters'". Billboard.
  6. ^ a b Ingham, Tim (January 12, 2017). "If the livelihood of songwriters is threatened, the music industry as a whole is threatened". Music Business Worldwide. Retrieved 2020-08-03.
  7. ^ "Reservoir is now a public company on Nasdaq via SPAC merger". Music Business Worldwide. 2021-07-29. Retrieved 2022-07-06.
  8. ^ Aswad, Jem (2021-07-29). "Reservoir Media Begins Trading on NASDAQ". Variety. Retrieved 2022-07-06.
  9. ^ Music Business Worldwide (October 14, 2019). "What will a music company look like in 2025?". Music Business Worldwide. {{cite web}}: |last= has generic name (help)
  10. ^ Music Business Worldwide (May 15, 2020). "Reservoir acquires 16,000 copyrights by bringing Shapiro Bernstein into its portfolio". Music Business Worldwide. {{cite web}}: |last= has generic name (help)
  11. ^ "Reservoir Acquires Iconic Tommy Boy Music, Groundbreaking Hip-Hop Label, for $100 Million". 4 June 2021.
  12. ^ a b N/a (December 19, 2019). "Reservoir's Golnar Khosrowshahi Confirmed as NY:LON Connect 2020 Publishing Track Keynote". Music Business Association.
  13. ^ "Music Week Awards 2020 winners revealed". www.musicweek.com. Retrieved 2022-07-06.
  14. ^ "Music Week Awards 2022: All the winners at the biggest ever ceremony". www.musicweek.com. Retrieved 2022-07-06.
  15. ^ "About Steering Committee and Curators". Asia Society.
  16. ^ "Bloomberg Profile - Golnar Khosrowshahi". Bloomberg.
  17. ^ "Board of Directors". Restaurant Brands International.
  18. ^ "Nomad Foods Announces Changes to Its Board of Directors". www.businesswire.com. 2021-05-05. Retrieved 2021-05-25.
  19. ^ "Golnar Khosrowshahi". HuffPost Canada.
  20. ^ N/a (December 13, 2018). "Reservoir CEO Golnar Khosrowshahi Named One of Billboard's Most Powerful Female Executives of 2018 | Persis". Persis Holdings Ltd.
  21. ^ N/a (January 23, 2020). "The 2020 Billboard Power List Revealed". Billboard.
  22. ^ Billboard Staff (2022-01-26). "The 2022 Billboard Power List Revealed". Billboard. Retrieved 2022-01-27.
  23. ^ DiGiacomo, Frank (2023-02-02). "Billboard's 2023 Power 100: Executives List Revealed". Billboard. Retrieved 2023-06-01.
  24. ^ Aniftos, Rania (2022-01-27). "Billboard's 2022 Women In Music Awards to Honor Bonnie Raitt, Doja Cat, Karol G & More". Billboard. Retrieved 2022-01-27.
  25. ^ Duffy, Thom (2023-02-23). "Billboard Women in Music: Executive of the Year List From 2005-Present". Billboard. Retrieved 2023-06-01.
  26. ^ Hewitt, Michele Amabile Angermiller,Jem Aswad,Iain Blair,Wilson Chapman,Thania Garcia,Paula Hendrickson,Carole Horst,Stuart Miller,Lily Moayeri,Addie Morfoot,Ellise Shafer,Todd Spangler,Jazz Tangcay,Ethan Shanfeld,Zoe; Angermiller, Michele Amabile; Aswad, Jem; Blair, Iain; Chapman, Wilson; Garcia, Thania; Hendrickson, Paula; Horst, Carole; Miller, Stuart (2022-05-04). "From Ariana DeBose to Angela Yee: New York Women's Impact Report 2022". Variety. Retrieved 2022-07-06.{{cite web}}: CS1 maint: multiple names: authors list (link)
  27. ^ Golnar Khosrowshahi Shares Power Speech | Billboard Women In Music Awards 2023, retrieved 2023-06-05