CAA Taps Veteran Finance Executive John Storey as New Chief Financial Officer

Nov 13, 2024 at 6:00 PM
Creative Artists Agency (CAA), one of the world's leading entertainment and sports agencies, has announced the appointment of John Storey as its new Chief Financial Officer. Storey, a seasoned finance executive with a proven track record, joins the agency as it continues to expand its global footprint and diversify its service offerings.

Unlocking New Opportunities for CAA's Clients and Employees

Storey's Impressive Finance and Operations Background

John Storey brings a wealth of experience to his new role at CAA. He joins the agency after a successful 19-year tenure at Asurion, a leading provider of technology protection and support services. During his time at Asurion, Storey held various leadership positions, including serving as the company's President of Finance and Operations and Chief Financial Officer for five years. Prior to Asurion, Storey worked as a research analyst for a public equities hedge fund and as an investment banker with prestigious firms such as Robertson Stephens and Alex. Brown & Sons.Storey's educational background is equally impressive. He holds a Bachelor of Science degree in Commerce and Mathematics from the University of Virginia, as well as an MBA from the Graduate School of Business at Stanford University.

Aligning with CAA's Vision and Culture

In his new role, Storey will be responsible for overseeing the financial operations and strategic planning of CAA, a company renowned for its market-leading position and innovative approach within the entertainment industry. Storey expressed his enthusiasm for the opportunity, stating, "CAA is as admired for its market-leading position and innovation in the industry as it is for its uniquely powerful culture of collaboration and connection in service of its clients. The company is clear in its vision to create limitless opportunities for its clients and employees, and I look forward to playing a role in CAA's continued growth to help ensure that vision."

Strengthening CAA's Ambitious Growth Agenda

CAA's President, Jim Burtson, echoed Storey's sentiments, highlighting the agency's excitement to welcome him to the team. Burtson stated, "As CAA executes on its vision to best serve our clients by expanding into new business areas and international territories, we are excited to welcome John to our team. John is a proven leader with an exceptional track record of strategic planning and operational improvement. His accomplishments in building for growth match well with our ambitious goals."Storey's appointment comes at a pivotal time for CAA, as the agency navigates a rapidly evolving landscape and seeks to capitalize on new opportunities. With his extensive experience in finance, operations, and strategic planning, Storey is poised to play a crucial role in driving CAA's continued growth and ensuring the agency's ability to deliver exceptional service to its diverse client base.

Navigating Challenges and Adapting to Industry Shifts

The announcement of Storey's appointment follows a period of organizational changes at CAA, as the agency recently underwent a process of year-end evaluations that led to staff reductions, primarily in the film and TV departments. Additionally, CAA has made other key hires, including the appointment of Matthew Schuyler as Chief People Officer and the promotions of Alexa Cook to Global Co-Head of Sports Property Sales and Rob DeAngelis to Chief Revenue Officer of the Sports division.These strategic moves underscore CAA's commitment to adapting to the changing dynamics of the entertainment and sports industries, ensuring that the agency remains well-positioned to serve its clients and capitalize on emerging opportunities. Storey's expertise in finance, operations, and strategic planning will be invaluable in navigating these challenges and positioning CAA for continued success.