Phoenix, AZ, May 04, 2019 --(PR.com
)-- CFO of Arizona-based Dream Holdings Records, resigned abruptly Tuesday. President Matt Smith confirmed the resignation Tuesday evening but declined to elaborate. An experienced VP of sales was named interim CFO.
“This past week, for personal reasons, our CFO resigned from his position as a board member. We wish him a great future. The label said it would begin the search for a replacement this week," the company said in a statement.
About Dream Holdings LLC:
Dream Holdings LLC is an investment firm that owns assets in over 29 public and private companies. The firm is purchasing music royalties because they are viewed as a "non-correlated annuity."
Its major holdings include Goldman Sachs, PBS, Coca-Cola, Reuters, Bloomberg, Associated Press, and BBC. The company also has minor holdings in companies such as LMCC Enterprises, and CNBC.