Trauma Records, the indie that cultivated the early careers of hit U.K. rock act Bush and ska-pop megastars No Doubt, is losing co-founder and co-prexy Paul Palmer in what all parties described as an amicable parting.
Palmer’s co-prexy Rob Kahane will assume all managerial duties at the label upon his departure. Meanwhile, Palmer will head into the studio, where he is currently developing recording projects with several artists.
Palmer co-founded the Sherman Oaks, Calif.-based indie in the mid-’90s and has since generated sales of more than 33 million albums worldwide to date. Along with Bush and No Doubt, Trauma signings include the TV twin phenomenon Mary-Kate and Ashley, as well as rock acts Noogie and CrashPalace.