Jeremy Erlich, Spotify‘s World Head of Music, is exiting the music streaming firm.
As first reported by Hits, the exec will transition to an advisory position on the streamer by the tip of February, 2025.
Erlich’s departure was introduced in an inside memo to employees, wherein the manager indicated that he can be “embarking on [his] personal entrepreneurial journey.”
The word, which you’ll be able to learn in full right here by way of Hits, added: “It’s been a purpose of mine for a very long time and now looks like the best time to pursue it.
“This was a really tough determination however, as I’ve mentioned many occasions earlier than, you’re the greatest staff within the trade and I do know you’ll be in good fingers going ahead.”
Erlich joined Spotify as Head of Music Technique in 2019. He joined from Interscope Information, to which he signed Okay-Pop megastars Blackpink, and the place he was most just lately CFO and EVP Enterprise Improvement.
Previous to that, he ran company growth for Common Music Group, since 2011 and was closely concerned within the acquisition of EMI Information.
Erlich was promoted to the World Head of Music position at Spotify in July 2021.
As per Hits’ report, Erlich’s direct studies, together with Sulinna Ong [Global Head of Editorial], Joe Hadley [Global Head of Music Partnerships & Audience] and Madeleine Bennett [Global Head of Music Go-to-Market] will now report back to David Kaefer, the platform’s VP Music & Audiobook Enterprise.
Erlich added in his word to employees that he’ll step into an advisory position “to assist David and the staff as they chart the trail ahead”.
Added Erlich: “Whereas change can really feel laborious, I’m assured that this may solely lead to nice issues for the staff and I’ll be right here that can assist you all navigate by it.”Music Enterprise Worldwide