Veteran of the hip hop music industry Kevin Liles is stepping down from his role as executive vice president of Warner Music Group… and the timing, which coincides with Diddy‘s federal arrest in New York has left people wondering what’s next!!!
On Tuesday, Liles sent a company memo announcing his resignation as chairman and CEO of 300 Elektra Entertainment Chairman of Warner Music … passing the torch to seasoned veterans Rayna Bass, Saddle Bouaband Gregg Nadel.
After a decade, it’s time to pass the baton.
On September 30th, I will be leaving 3EE and WMG, and our talented local leaders, Rayna Bass and Selim Bouab, as well as the extraordinary Gregg Nadel, have my blessings for the future. photo.twitter.com/6rlomjECSb
— Kevin Liles (@KevinLiles1) September 17, 2024
@KevinLiles1
Liles has been with Warner since 2004, which was previously home to Diddy’s Bad Boy Records… and he has been vocal in his defense of the numerous accusations against Puff.
USAO Southern District of New York
Of course, the biggest music industry news of the day is Diddy’s indictment… prosecutors are investigating any criminal “weirdos” — and everyone who knows anything about them is understandably shaken right now!!!
APRIL 2024
TMZ.com
We spoke to Kevin in April. He claimed he never met the Diddy that was featured in the media… and that he stood by him.
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Liles’ transition will happen at the end of the month, and sources close to the situation tell us that his departure could be directly tied to a major shakeup happening at Warner.
Several executives resigned and Elliot GraingeFounder of 10K Projects and son of the chairman and CEO of Universal Music Group Luciano Graingewas introduced as the new CEO of Atlantic Music Group.