BMG Entertainment has tapped David Weyner exec VP and general manager of its newly formed RCA Victor group, which includes a diverse swath of imprints, repping such genres as including jazz, blues, soundtrack, world and Broadway scores.
Appointment comes amid a whirlwind of staffing changes at BMG. The label, which is seen posting a $150 million loss this year, plans to trim just over 100 employees through an early retirement plan for staffers over age 50 during the next couple of weeks, sources close to the situation said.
Plan will be followed by an unspecified number of layoffs, spread evenly over BMG’s worldwide staff of 5,000, the source added. Moves are seen as part of a larger plan to trim the fat at BMG parent Bertelsmann in advance of a potential public offering within the next few years.
BMG has also seen a round of musical chairs in the executive boardroom in the past few months. The most recent move came last week, when BMG Europe topper Richard Griffiths left abruptly, replaced by A&R chief Thomas Stein.
Weyner, who reports to BMG North America chief Bob Jamieson, will oversee imprints ranging from new age stalwart Windham Hill to jazz-blues imprint Bluebird. RCA Victor Group will be headquartered in New York, with offices in London and Munich.
Weyner comes to BMG after departing the exec VP-general manager slot at U.K.-based Sanctuary Music Prods., where he ran the Sire Records-distributed label Jericho.
Prior to that, Weyner was both senior VP of international product management and G.M. in the U.S. of Sony Classical. He has also headed up the classics and jazz division of Polygram, including the storied jazz imprint Verve.