Payroll services startup Wrapbook, which aims to compete with the industry juggernaut Cast & Crew and receives WndrCo funding from Jeffrey Katzenberg and Michael Ovitz, has appointed a labor relations director.
Former SAG-AFTRA Media and Labor Economics Director Paul Schoeman will join the company for three years in this role, whose responsibilities include overseeing the company’s labor relations department, union and guild contracts and automation refresh on the contract and compliance platform. . Schoeman will report to CEO and co-founder Ali Javid.
âWe are delighted that Paul is joining our growing team of industry experts. His industry experience will be invaluable as we refine and create new user-friendly tools and services to meet the unique needs of the entertainment industry, âJavid said in a statement.
At SAG-AFTRA, Schoeman served as a resource person with payroll companies, led the generation of pay tables for all union contracts and worked on major contract negotiations as well as adjustments to pay tables in depending on changes in retirement and health rates. Prior to joining the Performers Union, Schoeman worked as the Vice President of Contract Administration at AMPTP, representing collective bargaining studios, networks and production companies in negotiations with unions in industry.
Wrapbook, which was officially launched during the COVID-19 pandemic, touts itself as a financial services solution that addresses the entertainment industry’s current complexities of payroll, integration, insurance, and accounting. The platform recently added timesheets that automatically calculate based on AICP and independent business contracts for Teamsters, Directors Guild, and IATSE.
In March, the company announced that it had raised $ 27 million in a Series A financing, led by WndrCo of Katzenberg, Ovitz, Andreessen Horowitz, Equal Ventures and Uncork Capital.