Instagram/Mark Pitts & Usher & Chri Music Mark Pitts steps down as RCA Records president to launch Cofvnders, a new management firm behind the Usher & Chris Brown tour. April 15, 2026 AceShowbiz - Mark Pitts has officially stepped down from his role as president of RCA Records and announced the launch of Cofvnders, a new multi-media management company. The announcement came on Tuesday, April 14, and revealed that Cofvnders recently played a key role in producing the co-headline tour featuring Usher and Chris Brown, in partnership with Live Nation.