Cleveland, OH (April 23, 2009) - Brian Kenyon, a key member of the senior management team that has brought fiscal stability and operational discipline to the Rock and Roll Hall of Fame and Museum over the past decade, has been promoted to the newly created position of Executive Vice President and Chief Financial Officer.
Kenyon will continue to report to President and CEO Terry Stewart and have direct responsibility for the Museum’s finance, administrative, operations, licensing, merchandising and legal functions. In addition, he will take on oversight authority over other functional areas that will continue to report to Stewart – enabling Stewart to devote more time to fund raising, development and cultivation of key relationships.
“Brian and I have enjoyed a great partnership for almost 10 years as the Museum has successfully transitioned beyond its startup phase to a mature business with a more sustainable operating model,” said Stewart. “He is extremely innovative and budget-focused, and is highly respected within our organization and beyond.”
Kenyon, 45, joined the Museum in May 1999 as Vice President of Finance and Administration, responsible for finance, human resources, facilities, operations and technical services. Over time, his responsibilities were expanded to include the Museum’s licensing, merchandising and legal functions.
Among his accomplishments, Kenyon has implemented various budget and financial management systems, cash flow projections and operational controls that have contributed to the Museum’s ability to remain self-sustaining – a comparatively rare feat for a nonprofit cultural institution.
“I’m very proud that the Museum is so strong financially,” said Kenyon. “From an earned revenue perspective, we are best-in-class compared with other museums. Going forward, growing contributions and philanthropic support will enable us to secure the Museum’s financial vitality and provide additional resources for programming.”
Kenyon has also been instrumental in driving the Museum’s capital campaign, which is rapidly closing in on its $35 million goal to provide for a permanent Library and Archives on the Cuyahoga Community College campus as well as renovation of the Museum’s interior.
Kenyon brings more than 20 years of experience in management and finance to his role. After beginning his career in public accounting at Coopers & Lybrand, he held corporate finance positions at NACCO Industries, Signature Brands and International Total Services.
“Coming to the Museum was a unique opportunity that allowed me to combine my professional experience with my love of music,” he said. “After all, there are thousands of publicly traded, for-profit companies in this country. But there’s only one Rock Hall in the world, and I get to come here every day. I also appreciate the confidence Terry and the Board have demonstrated in me and now look forward to the challenges of my expanded responsibilities.”
Kenyon is active both in his profession and the community. He is a member of the American Institute of Certified Public Accountants, the Ohio Society of Certified Public Accountants, the Audit Committee of Greater Cleveland Partnership and the Boards of the YMCA of Greater Cleveland, where he chairs their Finance Committee, and the Advisory Board to the George W. Daverio School of Accountancy at the University of Akron, which he previously chaired. He is a graduate of the Leadership Cleveland Class of 2006.
About the Rock and Roll Hall of Fame and Museum
The Rock and Roll Hall of Fame and Museum is the nonprofit organization that exists to educate visitors, fans and scholars from around the world about the history and continuing significance of rock and roll music. It carries out this mission both through its operation of a world-class museum that collects, preserves, exhibits and interprets this art form and through its library and archives as well as its educational programs.
The Museum is open seven days a week from 10 a.m. to 5:30 p.m. On Wednesdays, the Museum is open until 9 p.m. Museum admission is $22 for adults, $17 for seniors (65+), $13 for youth (9-12), $18 for adult residents of Greater Cleveland. Children under 8 and Museum members are free. The Museum is generously funded by Cuyahoga County residents through Cuyahoga Arts and Culture. When you become a member of the Rock and Roll Hall of Fame and Museum, the world of rock and roll becomes yours to explore. Call 216.515.1939 for information on becoming a member. For general inquiries, please call 216.781.ROCK or visit http://www.rockhall.com.