Longtime Universal Group Nashville head Mike Dungan announced he will be stepping down after holding the chairman-CEO role at Nashville’s top label group since 2012.
, Dungan’s longstanding second-in-command, will soon be announced as stepping into the top position in March.
Dungan’s retirement is not unexpected in Nashville circles. It had been reported by the Tennessean in late 2016 that the exec, then 62, had signed an extension that was to keep him at UMG Nashville for five more years, and he has already worked more than six years past the beginning of that five-year extension.
In an unusual example of true and seemingly transparent partnership at the top, Dungan has long made it clear that he considered Mabe virtually his equal in running country music’s top label group. Even as UMG Nashville’s second-in-command, Mabe was already the highest ranking executive in the country music industry, and with her soon-to-be-announced elevation, she will become the first woman to be at the head of a major label group in Nashville.
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