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John Josephson John Josephson Chairman and CEO About John

John is Chairman and CEO of SESAC, Inc., a leading music rights organization.  He has served as a director of the company since 1992, following its acquisition by Allen & Company Inc. in partnership with an investor group.  Rizvi Traverse Management acquired a controlling interest in SESAC in December 2012.

Previously, John was a Managing Director at Allen & Company LLC, a privately-held merchant bank based in New York City, where he was employed from 1987 to 2014.  At Allen & Company, John’s focus was the general area of investment banking, including corporate finance, mergers and acquisitions, in- and out-of-bankruptcy restructurings, financial advisory services and direct investments.  Clients that he worked with included Time Warner Cable, The News Corporation, Time Warner, Sony Corporation of America, AOL, Viacom, Reuters Group and The Chernin Group.

John was responsible for a number of direct investments while at Allen, including October Films, which was sold to USA Networks in 1999, The Health Network, which was sold to Fox Entertainment Group in 2000, Artisan Entertainment, which was sold to Lions Gate Entertainment in 2003 and SESAC, in which Allen and its affiliates have held an ownership interest since 1992.  He co-founded Downtown Music, a leading independent music company, in 2005 and remained a Board member and investor in the company until he joined SESAC as CEO in 2014.

John has been active with several non-profit and social services agencies since 1992.   From 1992 to 2010, he served on the Board of Directors of Volunteers of America – Greater New York, a social services agency with annual revenue of approximately $100 million that is one of the largest providers in metropolitan New York of services to the homeless, victims of spousal abuse, learning disabled children and the elderly.  He served as Chairman of the Board from 2003 to 2006.  John currently serves as Co-Chairman of Literacy Partners, a non-profit organization that provides basic adult literacy instruction in New York City.  In 2015, John was elected to the Board of Trustees of the Paley Media Center.  He participated in the David Rockefeller Fellows program of the Partnership for New York City in 2005-2006.

John received an M.B.A. with High Distinction in 1987 from Harvard Business School, where he was elected a George F. Baker Scholar.  He received his Bachelor of Arts Degree, summa cum laude, from Cornell University in 1983, where he was elected to Phi Beta Kappa.