August 10, 2012

ASCAP Appoints Mark Katz As New Chief Information Officer

Mark Katz

Chief Information Officer Mark Katz

New York, NY, August 13, 2012: The American Society of Composers Authors and Publishers (ASCAP) announced today the appointment of Mark Katz as the organization's new Chief Information Officer. Katz, who was previously Vice President of Application Development and Infrastructure at Connolly Inc., will report to ASCAP EVP & Chief Operating Officer Al Wallace.

"Mark is an extremely well-rounded business information officer with good technical credentials to balance his commercial acumen, and it is with great excitement that we welcome him to ASCAP," said Wallace. "As an experienced CIO, Mark has a proven track record of leading successful, skilled operations teams. His deep knowledge of IT strategies within the financial services industries will be an enormous asset to ASCAP as we innovate to provide our members with the best payments and our licensees with superior business services."

Katz's lengthy career in IT and operations began in 1988, when he started as a Project Manager in Operations and Automation Planning at Chemical Bank in the Consumer Banking group. Since then, Katz has worked broadly across different areas within Financial Services at companies like ING Barings, UBS and XL Capital, among others. In recent years, Katz served as CIO for start-up specialty insurance business Syncora, building and developing a team and working directly with the CFO and President of the company to establish operations. In early 2011, Katz joined Connolly Inc., a $200 million recovery audit firm, where he ran a team of IT professionals across infrastructure and application development.

"ASCAP has led the development of the world's most sophisticated tracking and royalty systems for processing billions of performances and ensuring accurate payment to its members." said Katz. "I look forward to the opportunity to lead further innovation and to harness ASCAP's superior Information Technology to enhance ASCAP's business services to members and licensees. It is with great pleasure and excitement that I take on the role of Chief Information Officer at ASCAP, especially because it allows me to reconnect with my passion for music."

The American Society of Composers, Authors and Publishers (ASCAP) is a professional membership organization of songwriters, composers and music publishers of every kind of music. ASCAP's mission is to license and promote the music of its members and foreign affiliates, obtain fair compensation for the public performance of their works and to distribute the royalties that it collects based upon those performances. ASCAP members write the world's best-loved music and ASCAP has pioneered the efficient licensing of that music to hundreds of thousands of enterprises who use it to add value to their business – from bars, restaurants and retail, to radio, TV and cable, to Internet, mobile services and more. The ASCAP license offers an efficient solution for businesses to legally perform ASCAP music while respecting the right of songwriters and composers to be paid fairly. With 450,000 members representing more than 8.5 million copyrighted works, ASCAP is the worldwide leader in performance royalties, service and advocacy for songwriters and composers, and the only American performing rights organization (PRO) owned and governed by its writer and publisher members.

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