Daniel Glass has ankled his post as president of Universal Records. No replacement has been named; in the interim, Universal Music Group chairman/CEO Doug Morris is expected to oversee the label’s operation along with a management committee.
Sources said that among the reasons for Glass’ departure were philosophical differences with Morris in running the small label and taking it to the next level. The label has had a number of successes, including Merril Bainbridge, whose single “Mouth” was a radio staple and has sold more than 500,000 copies.
In a short period of time, Glass has established Universal as a multigenre label that has become one of the most successful startups in recent years.
Under Glass, Universal has also scored with Lost Boyz and Crucial Conflict, both of whom have sold more than 500,000 copies of their debuts. The label’s Erykah Badu, who is the first release from a joint-venture deal with Ke-dar Entertainment, and U.K.-based group Space, are also charting.
Sources note that Glass was initially brought aboard as the third exec in Rising Tide Entertainment, a joint-venture label and the precursor to Universal, behind Morris and Mel Lewinter, the latter now Universal Music Group’s co-chairman.
But the hiring of Morris and Lewinter by Seagram CEO Edgar Bronfman Jr. to run the Universal Music Group last July precipitated Glass’ elevation to prez of Universal Records. It also precipitated an expansion of the tiny label into a full-service outfit with numerous A&R source deals with producers and artists.
Glass could not be reached for comment. A Music Group spokesman confirmed late Monday that Glass ankled his post to pursue other opportunities.