Former CD Baby CEO Tracy Maddux has stepped down from his position as chief commercial officer (CCO) at Downtown Music Holdings, effective immediately. He will continue serving as a consultant and advisor for strategic initiatives throughout 2024.

Maddux, who led CD Baby for over a decade before joining Downtown in October 2020, played a key role in several significant company developments, including:

• The strategic sale of CD Baby, AdRev, and DashGo
• Leading M&A practices
• Overseeing the integration of FUGA and Curve

Downtown CEO Andrew Bergman acknowledged Maddux's contributions to the company's growth and culture, noting his universal respect within the organization.

Recent Downtown executive changes include:

• Dorothee Imhoff becoming CCO of FUGA (Downtown subsidiary) in early 2023
• David Driessen transitioning from FUGA CCO to Downtown Music's chief business officer
• Jedd Katrancha moving from CCO of Downtown Music Services to Downtown Music Publishing

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