Mike Dungan will step down as Chairman and CEO of Universal Music Group Nashville after a couple of decade on the helm.
Dungan’s departure from the corporate additionally marks his retirement from the music trade after greater than 4 a long time.
UMG made the announcement on Monday (January 9), describing Dungan as “probably the most profitable executives within the historical past of Nation Music.”
The chief joined UMG in 2012 following the music firm’s buy of EMI Information the place he was president of Capitol Nashville for 12 years.
Throughout his tenure at Capitol Nashville, the label was named Billboard journal’s Nation Label of the 12 months for seven consecutive years from 2005 to 2012.
Dungan began his profession within the music enterprise on the age of 16, working odd jobs in a file retailer in Cincinnati.
“For 43 years the music enterprise has been my house – smiling, dialing, promoting, hustling, laughing, doing my half to assist the artwork and magic notice its potential. And loving each minute of it.”
Mike Dungan
“For 43 years the music enterprise has been my house – smiling, dialing, promoting, hustling, laughing, doing my half to assist the artwork and magic notice its potential. And loving each minute of it,” Dungan stated.
“The solemn fact is that over time, that depth takes its toll, and numerous the canine has been knocked out of me… It’s time to decelerate – I sit up for devoting extra time to my household and to my backyard. I’ve an unbelievable spouse who has put up with my nonsense for 45 years.”
The chief is retiring on the age of 69 years outdated.
At UMG, Dungan has overseen the careers of nation artists together with Luke Bryan, Keith City, Chris Stapleton, Girl Antebellum, Carrie Underwood, Little Massive City, George Strait, Eric Church, Darius Rucker, Alan Jackson, Shania Twain, Dierks Bentley, Maddie & Tae, Gary Allan, Vince Gill, Billy Currington, Sam Hunt, Kacey Musgraves, Brothers Osborne, Mickey Guyton, Parker McCollum, Priscilla Block, and Reba.
Dungan additionally held positions at RCA and Arista, the place he helped launch the careers of Brooks Dunn, Alan Jackson, Pam Tillis, Diamond Rio and Brad Paisley.
Dungan will proceed to function an advisor to UMG Chairman and CEO Sir Lucian Grainge after stepping down from his function.
“I’m without end grateful to Sir Lucian Grainge, who eleven years in the past handed me the keys to the perfect job on this planet,” Dungan continued. “To him and to everybody at UMG, to all of those that have been my family-in-arms now and previously, to all these creators whose artwork it has been my pleasure to characterize… I’m at a loss to specific my love and gratitude. I’m the luckiest man alive.”
Sir Lucian Grainge described Dungan as “a singular pressure.”
“whereas he gained’t be serving in his CEO capability, I’ve requested him to proceed to contribute to areas that we’re each enthusiastic about—breaking style obstacles and delivering vital assist to artists previous and current.”
Sir Lucian Grainge
Added Grainge: “He has had an unbelievable impression on the careers and well-being of so many in Nashville via the years – from artists to workers. After an excellent 4 a long time in Nashville, and with our workforce they’re well-positioned for continued power, Mike is making an admirable and well-deserved life change.”
“And whereas he gained’t be serving in his CEO capability, I’ve requested him to proceed to contribute to areas that we’re each enthusiastic about—breaking style obstacles and delivering vital assist to artists previous and current.
“I’m deeply grateful to Mike for all he has carried out for our firm and our artists and congratulate him on his unprecedented profession success. I’m so happy we are going to proceed to get pleasure from his expertise, deep relationships and knowledge.”
