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Universal Tune Nashville CEO Mike Dungan to Retire

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Universal Music Mike Dungan

Describe Credit score: Chad Morehead

Universal Tune Nashville CEO Mike Dungan broadcasts his upcoming retirement after 43 years in the tune exchange.

Mike Dungan, the 68-300 and sixty five days-old Chief Executive Officer of Universal Tune Crew’s Nashville role of industrial, has announced his retirement. Contemporary UMG Nashville president Cindy Mabe is predicted to buy Dungan’s role initiating in March 2023.

“For 43 years, the tune exchange has been my home — smiling, dialing, promoting, hustling, laughing, doing my section to abet the art and magic realize its capacity. And loving every minute of it,” Dungan said in a memo despatched to his workers.

“I’ve lived a charmed lifestyles, and there are no longer any phrases to list how grateful I’m and how blessed I feel for everyone that I if truth be told own encountered along the diagram in which. I’m furthermore proud to boast that by all of it, with little exception, I if truth be told were ‘all-in’ as a competitor and as a chum.”

“Mike is a particular force,” added UMG’s chairman and CEO, Lucian Grainge. “He has had a radiant looking out affect on the careers and neatly-being of so many in Nashville by the years — from artists to workers. After a radiant four decades in Nashville — and with our team, they are neatly-positioned for persevered energy — Mike is making an admirable and neatly-deserved lifestyles alternate. 

And while he won’t be serving in his CEO capacity, I’ve requested him to proceed to contribute to areas that we’re each and each — breaking genre barriers and turning in excessive toughen to artists previous and recent. I’m deeply grateful to Mike for all he has carried out for our company and our artists, and (I) congratulate him on his unprecedented career success. I’m so relaxed we are able to proceed to own the attend of his journey, deep relationships, and wisdom.”

A Cincinnati native, Dungan’s career started in rock promotion for RCA Records from 1979 to 1987, which incorporated successes with acts esteem Corridor and Oates, The Pointer Sisters, and Rick Springfield. After a brief extinguish at BMG, he arrived in nation tune in 1990 as a marketing chief by Clive Davis’ nation tune division at Arista Records.

In 2002, he used to be named president at Capitol Nashville and held the role for 12 years earlier than changing into CEO of UMG Nashville. His many successes at the designate embrace Luke Bryan, who modified into a stadium-touring chart-topper with 30 quantity-one Billboard Nation Airplay chart singles.

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