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UMG labels Lipman as Republic prexy

Exec founded record co. with brother in 1995

NEW YORK — Universal Music Group topper Doug Morris has named Avery Lipman president of Republic Records, U plans to announce today.

Lipman, who founded Republic in 1995 with his brother Monte, will report to Morris and Universal/Motown Records Group chairman Mel Lewinter. Monte Lipman is prexy of UMG subsid Universal Records.

“Avery is among a very small group of people in this industry who are universally well-respected for their leadership, musical abilities and professionalism,” Morris said.

Prior to his promotion, Lipman served as general manager of Republic, then as senior vice president. Before starting the label, Lipman worked in the business affairs department of BMG Entertainment’s Arista Records.

Republic is home to a diverse array of acts including Boston-based Godsmack, whose LP “Awake” has sold more than a million copies, according to SoundScan figures; the Bloodhound Gang; Chumbawumba; 3 Doors Down; and Sonique.