The pair have co-chaired the publisher since 2019.
The agreement comes months after the Argentine singer-songwriter joined Warner Music Latina in partnership with 300 Entertainment.
The rock band has accumulated more than 160 billion streams in the last decade.
The National Music Publishers' Association has elected a new board, including newcomers Laura Veltz and Jeff Pachman.
The hitmaker has worked on multiple tracks with the breakthrough rapper, including "Munch (Feelin U)" and her "Karma" remix with Taylor Swift.
Also this week: Primary Wave names an Indo-Pacific president, SESAC hires a senior vp of film/TV creative services and more.
SZA is top songwriter for the quarter, co-writing eight songs on the Hot 100 ranking and four on Top Radio Airplay.
Emmyn Calleiro of Games We Play, along with rising country artist Bailey Callahan, are the first signings.
Also this week: Warner Chappell Music boards a president of Asia Pacific, FUGA appoints a chief commercial officer and more.
Santa Peña replaces Daniel Mora, who is now the managing director of Warner Music Andes.
