Capitol Records has upped a pair of key execs, following a restructuring that put the label’s top-line catalog action under a new banner.
Vet music industry execs Charles Goldstuck and Liz Heller have been upped from senior veep to exec veep status. Both will continue to report to label prexy/CEO Gary Gersh and be based at the Capitol Records Tower in Hollywood.
“Liz and Charles have proved invaluable to both Capitol and me over the past few years, helping us grow the company in ideological as well as entrepreneurial ways,” Gersh said. “As we continue to envision our goals, chart our growth and mark our success, having them as our executive team is a great asset to us all.”
Goldstuck, who joined Capitol in 1993 from Warner-Chappell Music, the industry’s biggest music publisher, will continue as chief financial officer of Capitol, controlling the company’s financial operations.
With the new title, Goldstuck’s domain has been expanded to include a significant role in the label’s strategic planning and expansion.
Heller, who joined Capitol in 1994 from Island Visual Arts, will continue to oversee the label’s new media outpost. She will also be charged with keeping the company positioned at the forefront of technological innovation and multimedia enterprises.
In addition, Heller will direct a variety of creative areas, including soundtracks, as well as certain administrative functions for the label.
Earlier this year, Capitol’s parent EMI bowed EMI-Capitol Entertainment Properties — known as E-Prop — to exploit the label and conglom’s top-line catalog product. It was spun off from the EMI-Capitol music marketing group headed by Eli Okun (Daily Variety, Oct. 16, 1996). E-Prop is headed by prexy Bruce Kirkland.