Beyoncé Is Set To Be Honored By Billboard With The Executive Of The Year Award

Queen Bey’s creativity, hard work, and perseverance continues to inspire those who witness her greatness, so it comes as no surprise that she’s receiving the major honor as Billboard’s Executive Of The Year.

Beyoncé will be recognized for the award in Billboard‘s third annual R&B Hip-Hop Players Issue, alongside Parkwood Entertainment’s COO Steve Pamon, as Billboard spotlights the most influential executives and creatives in R&B and hip-hop.

Since Parkwood began in 2008, it has revolutionized many aspects of the music industry and has changed up the industry’s traditional patterns, starting with the brilliant surprise release of the Queen’s 2013 visual album ‘Beyoncé,’ which sold over 617,000 downloads in just three days. Within minutes, social media erupted with everyone talking about the new album, and iTunes even temporarily crashed, as fans rushed to download it.

Beyoncé, who manages herself and runs her own label and production company, shared with Billboard that she chose Pamon as her COO because they share a similar philosophy about business. She said, “It was important that I found someone with good character as a human being, with values whom I could truly trust, and someone who understands that my priority for my company is always creativity and art over commerce.”

Pamon is a graduate of Morehouse College with an MBA from Stanford University, who joined Parkwood after working at JPMorgan Chase, where he headed the sports and entertainment, marketing division. According to Billboard, he helped set up the banking giant’s sponsorship of Beyoncé and JAY-Z’s joint ’On the Run’ stadium tour, which grossed $109.6 million, making it the No. 8 tour of 2014.

In addition to the Executive Of The Year Award recognitions, DaBaby will receive the Breakthrough Artist Award, and late rapper Nipsey Hussle will also be honored with the Impact Award.