Meet Britney Spears’ New Financial Manager, John Zabel

Jamie Spears is out after 13 years at the helm of his daughter Britney Spears’ contentious conservatorship. A judge ruled Wednesday that he be immediately suspended from his duty as conservator. The ruling comes after Spears’ lawyer, Mathew Rosengart, made three different requests to remove Jamie as the pop star’s conservator since July.

As one man leaves, another steps in to take his place. However, the pop singer has some influence on who is in command this time.

On Wednesday, Judge Brenda Penny designated John Zabel, a California-based expert, as the estate’s temporary conservator. Rosengart first proposed that Los Angeles-based accountant Jason Rubin as Jamie’s replacement in July but dropped Rubin’s nomination last week in favor of Zabel.

Britney Spears’ father has objected to Mathew Rosengart’s attempt to designate John Zabel as the singer’s temporary conservator. Jamie Spears’ legal team also argued that Zabel is not a ‘qualified fiduciary’ and lacks the necessary expertise and competence to assume immediate and temporary control of a ‘USD 60 million conservatorship estate. Additionally, they stated that Britney’s team had not provided sufficient information regarding the possibility of ‘Mr. Zabel being bonded.’

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Jamie also objected to Zabel’s appointment on the grounds that he appeared ‘not well suited to manage the job because he had been scammed out of over a million of his own money in an investment scheme despite being a public accountant with solid experience in finance.

According to his LinkedIn profile, Zabel is the proprietor of Media Finance Structures. The company’s website provides financial and operational management for entertainment projects and has worked with major companies such as Paramount, Sony, and Lionsgate.

Zabel is a licensed CPA (certified public accountant) in addition to his position at Media Finance Structures. According to his LinkedIn profile, he studied accounting in the early 1980s at CSU Long Beach. Zabel worked as a senior auditor before founding his company in 2002.

According to his LinkedIn profile, he previously served as senior vice president of Sony Pictures Entertainment from 1984 to 1995 and as executive vice president and chief financial officer of Mandalay Entertainment from 1995 to 2002.