JAY-Z Appoints New CEO of Roc Nation.

Desiree Perez has been COO of Roc Nation since 2009 and is a co-founder of the company.

In her role, Perez will lead development and growth across all aspects of Roc Nation including music, management, all new business development, philanthropy, publishing, touring and TV and film development. Perez’s appointment is effective immediately.

Jay Brown, previously named CEO, is now named Vice Chairman of Roc Nation. He will continue to build partnerships and expand Roc Nation.