Universal Music Group Reshapes US and UK Label Leadership

Universal Music Group (UMG) is reorganising its US and UK leadership as it pursues €250 million, approximately USD $270 million, in annual cost savings. The changes include executive departures and expanded responsibilities.

US label departures and appointments

Jim Roppo is leaving his position as Chairman and CEO of Republic Records to become Vice Chairman at Warner Records.

Tunji Balogun, Chairman and CEO of Def Jam Recordings, will leave by year-end.

Nicole Wyskoarko and Sam Riback, Presidents of A&R (artists and repertoire) at Interscope Geffen A&M (IGA), are also departing.

Island Records Co-CEOs Imran Majid and Justin Eshak will take on wider responsibilities across UMG’s East Coast labels.

Jeffrey Remedios and Tyler Arnold are moving into new leadership positions at Republic Records.

Laura Carter, Ramon Alvarez-Smikle and Michelle An will have expanded responsibilities at IGA. John Janick will continue as CEO of the wider Interscope Capitol Labels Group.

UK and Ireland leadership changes

Ben Mortimer is leaving as President of the UK’s Polydor Label Group. Hannah Heaves will move from President of UMRecordings UK to a consultancy role.

Rebecca Allen is stepping down as Chief Artist and Strategy Officer at UMG UK after 27 years with the company.

Nick Younger has been named to succeed departing UMG Ireland Managing Director Mark Crossingham.

Cost-saving timetable

The leadership changes follow recent workforce reductions in Canada and Germany. UMG’s reported and projected savings are:

• 2025: €90 million reported.
• 2026: a further €40 million to €50 million expected.
• 2027: another €35 million to €45 million forecast.