Greenwald may segue to merged Atlantic, Elektra operations
HOLLYWOOD — Julie Greenwald has ankled as president of Island Records and is in negotiations to join Warner Music Group’s East Coast label group in a senior position.Greenwald had been promoted to president in January 2002 by former Island Def Jam topper Lyor Cohen, who now heads Warner Music Group. She is on maternity leave from Universal Music-owned Island and will not be returning. U Music had offered her a contract to stay. The East Coast labels are the merged Atlantic and Elektra Records operations. One of the highest-ranking female execs in the music business, Greenwald was senior VP of marketing for the Island Def Jam Music Group prior to being named Island’s prexy. While at Island Def Jam, Greenwald was credited with guiding the success of LL Cool J, Jay-Z, DMX, Sum 41, Bon Jovi and Nickelback.