Peace Out, Clive Davis!
Well, not exactly. Music mogul Clive Davis is being replaced by Barry Weiss as Chairman and CEO of Sony BMG, but he'll remain on board as the company's Chief Creative Officer.
Not bad for a 74 year-old exec who still knows how to pick out prospective talents and auto-tune them into bona fide pop stars.
Sony BMG label group announced yesterday (April 17) that one of music's most renowned executives, Clive Davis, will be replaced by Barry Weiss as chairman and chief executive officer.
According to Associated Press reports Davis who is 74, will become chief creative officer of Sony BMG, while 49 year-old Weiss, who previously served as president and CEO of the Zomba Label Group, will now oversee RCA Records, Jive, J Records, LaFace, Arista, Volcano, Verity, GospoCentric and Fo Yo Soul.
Davis headed BMG after successfully starting J Records and Arista Records, following a previous stint at Columbia Records. He's famed for his work with Whitney Houston and Santana, as well as his instrumental role in launching Alicia Keys and Leona Lewis.