Verve Label Group, a division of Universal Music Group, has promoted Jamie Krents to CEO-president and Dawn Olejar to chief operating officer, effective immediately.
According to the announcement, Krents and Olejar will spearhead the strategy for the entire Verve Label Group, including Impulse! Records, Verve Records, Verve Forecast, Decca Records US and label partners Decca Classics, Deutsche Grammophon, Hyperion and ECM. Verve Label Group artists include Jon Batiste, Arooj Aftab, Chad Lawson, Samara Joy, and Kurt Vile, along with Sarah Kinsley, Cynthia Erivo and Gabríel Ólafs. Batiste won five trophies at the 2023 Grammys while Joy won best new artist.
Krents and Olejar will continue to report to Dickon Stainer, who remains chairman of Verve Label Group, following his elevation to chairman-CEO of Universal Music U.K. They remain based in the label group’s New York offices. Krents started at Verve as a temp in 1998 and has risen through the ranks to the very top of the company; Olejar was previously EVP/GM and, prior to Verve, was GM of RPM Music Productions
Stainer said: “The promotion of Jamie Krents to CEO and President of Verve Label Group speaks to his long-standing reputation and commitment to nurturing and breaking artists globally. Dawn Olejar is a world-class strategist and leader; her elevation to Chief Operating Officer is a reflection of this. I am delighted that together they will lead these legendary labels into the future.”
Source Agencies