Greg Thompson To Oversee Capitol Music Group Promotion; Hilary Shaev Resigns At Virgin
February 27, 2008 at 7:36 AM (PT)
In a conference call this morning, CAPITOL MUSIC GROUP Chairman/CEO JASON FLOM has announced that GREG THOMPSON, most recently EVP at ISLAND DEF JAM MUSIC GROUP, will join the company tomorrow and oversee all promotion efforts at CAPITOL RECORDS and VIRGIN RECORDS.
Meanwhile, FLOM also announced that longtime respected record exec HILARY SHAEV has resigned her post as VIRGIN's Exec VP. SHAEV is expected to announce her future plans shortly.
HILARY told ALL ACCESS, "The times they are a-changin', and I'm leaving to pursue a career outside of music. I have had the great fortune of working with so many incredible artists over the years, and I will miss my staff -- the greatest in the business -- so much! I am also so grateful to have had the opportunity to work with JASON FLOM and the whole VIRGIN/CAPITOL MUSIC GROUP team. Now I'm going to pursue my second set of dreams!"
The times they are a-changin', and I'm leaving to pursue a career outside of music.