Robb McDaniels Stepping Down As INgrooves CEO
December 22, 2014 at 7:19 AM (PT)
INGROOVES MUSIC GROUP Founder/CEO ROBB McDANIELS will resign from his post at year's end. McDANIELS founded INGROOVES' parent company, ISOLATION NETWORK, INC., in 2001 and also oversaw the launch of the company's eBook division, INSCRIBE DIGITAL, and its enterprise software unit, IN ENTERPRISE SOLUTIONS, which manages the digital supply chain for UNIVERSAL MUSIC GROUP.
"Over the past 13 years, I have led the expansion of ISOLATION NETWORK into one of the most forward-thinking media distribution, marketing and technology companies in the world, with more than 175 employees in five global offices," said McDANIELS. "But I am an entrepreneur at heart and with the company in the capable hands of an exceptionally strong executive team; the time has come for me to move on to the next chapter in my life."
"ROBB is a rare visionary in the digital media industry, and we want to thank him for his tireless years of leadership building ISOLATION NETWORK into one of the largest independently owned media distribution companies" said the company's Executive Chairman JAY BOBERG, one-time head of I.R.S. RECORDS and UNIVERSAL MUSIC PUBLISHING. "We are confident that the executive team ROBB has assembled will continue to deliver for our partners around the world."
INgrooves Co-Founder and General Counsel MATT BURNS has been named to the position of interim CEO while the executive search is conducted. He will lead an executive team comprised of CFO BEN CARY and COO VINNIE FREDA.
BOBERG, who has been Chairman since 2010, has been appointed Executive Chairman, and will serve on the Executive Committee, taking a more active role in the company's strategic operations.