Feb 9, 2006 • 1 min read

SonyBMG tensions may be resolved by job switch

Reports suggest a solution to executive tensions at SonyBMG is near, with chief Andy Lack and non-executive chairman Rolf Schmidt-Holtz set to swap jobs.

OK, so the long long running story about executive tensions at SonyBMG might be nearing its end, courtesy of a job switch.

As you'll all surely remember, rumour had it that the former BMG execs who make up half of the SonyBMG board were not happy with the way the merger was going, and were demanding that top man Andy Lack, the former Sony Music chief, be pushed out of his job.

Well, the Wall Street Journal, LA Times, New York Times and Billboard all now seem to be convinced that a solution to those executive tensions is likely to be announced any day now - basically, Lack will swap jobs with former BMG boss Rolf Schmidt-Holtz, who is currently the Non-executive Chairman of the merged major. That will mean Lack will take a more back seat role in running the company, while Schmidt-Holtz will take day to day charge.

Assuming that switch does happen it will be interesting to see what changes, if any, will take place at the still developing merged record company - the BMG boss is known to have quite a different management approach to Lack. It will also be interesting to see if Lack gets himself another role elsewhere in the Sony Corp as well as his back seat role at SonyBMG. Despite all the strife at the record company, the Sony top guard seem to still hold their record company man in high regard.

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