November’s Notable Hirings, Firings, Promotions & Mergers

November 30th, 2013

Michael Koch, founder of Koch Entertainment (now eOne Music), will retire at the end of 2013.

Panos Panay, founder and CEO of Sonicbids, is leaving the company, but will continue to be a senior adviser to both Sonicbids and Billboard.  Sonicbids was acquired 10 months ago by Backstage LLC for $15 million; the deal was backed by Guggenheim Partners.
Naoshi Fujikura was promoted to President and CEO of Universal Music Japan.
Lots of moves at AEG Live
The Company fired Randy Phillips, its president and CEO.  John Meglen was named president of global touring,
Shawn Trell is now COO, and Rick Mueller is now president of AEG Live North America.
Paul Tollett is the new president and CEO of Goldenvoice, the company behind Coachella.