Capitol Music Group CEO Exits Amidst Broader UMG Restructuring

Capitol Music Group CEO Michelle Jubelirer reveals leaving the business in the middle of more comprehensive UMG restructuring.

Michelle Jubelirerthe chair and CEO of Capitol Music Group, who has actually been at the business for over a years, revealed Tuesday (February 6) in a memo to personnel that she is leaving the business, reliable on Wednesday.

Her departure comes in the middle of considerable restructuring at moms and dad business Universal Music Group. The modification is the very first of what is prepared for to be numerous departures in the upcoming reorganization of UMG, revealed by CEO and chairman Lucian Grainge in 2015 and validated last month.

“I am deeply saddened that I will no longer be at the business we reconstructed and required to brand-new heights over the previous 2 years,” composes Jubelirer. “I do not believe any label group has actually had the ability to turn things around as rapidly as we have actually handled to, and I’m specific that we’ve set Capitol Music Group on course towards a fantastic future.”

“In such a competitive and hectic world, we offered it our all– every minute of every day– so that our artists might take the chance to understand their dreams and eventually prosper,” she continues. “I am so lucky to operate in a service that I enjoy and be continuously surrounded by music and the gifted individuals that produce it. Every day, I restored my pledge to do my absolute best for our artists, and they have actually offered me a lot in return.”

“No matter where I discover myself in this service, I will constantly approach my relationships with artists as their supporter, their protector, and their fan,” concludes Jubelirer.

Jubelirer is the 2nd female label head to step down from UMG over the last few years, following Ethiopia Habtemariam’s departure from Motown almost 2 years back. Julie Greenwald at Atlantic and Sylvia Rhone at Epic are the last 2 staying female chiefs of significant labels.

Still, Jubelirer’s departure has actually been reported for the last couple of weeks, however the news follows a strong 2 years of development under her management. Before signing up with Capitol, she worked as a lawyer at Sony Music and King, Holmes, Paterno & & Berliner, whose customer lineup consisted of Pharrell Williams, M.I.A., and Frank Ocean.