This Former J.P. Morgan Chase Exec Is Running the World With Beyoncé
Queen Bey’s hot new collab is with a marketing exec.
Pop star Beyoncé has parted ways with Lee Anne Callahan-Longo, her general manager of five years, and will now be working with Steve Pamon, JPMorgan Chase’s (JPM) former head of sports and entertainment marketing, reports Page Six.
Pamon is now taking on the role of chief operating officer of Beyoncé’s management company, Parkwood Entertainment, which encompasses artist management, production, tours, film, television, and apparel. Pamon was the brain behind the the bank’s sponsorship of Beyoncé and her husband Jay Z’s 2014 On the Run tour, which brought in an estimated 850,000 fans and grossed more than $100 million, according to Billboard.
The new hire is part of a larger shakeup of the star’s management team. “Last year, Parkwood Entertainment created new departments and recruited new executives from the tech, business and entertainment sectors who joined the team to help grow Parkwood and its interests,” Beyoncé’s rep, Yvette Noel-Schure, said in a statement to Page Six. “Some senior staffers were given the opportunity to reposition and stay on. Some members … awakened [to] new interests and decided to follow personal routes.”