Monday August 08, 2011

RIAA Chief Mitch Bainwol Steps Down

Boy, it sure seems like they are having a hard time keeping CEOs at the RIAA. They seem to only last a few years at best before they step down or get stepped on.

Mitch Bainwol is out as chairman and CEO of the Recording Industry Association of America, the trade group representing the four largest record labels. Bainwol is leaving to become CEO of the Alliance of Automobile Manufacturers. The RIAA announced that Bainwol will be replaced by Cary Sherman, who has served as RIAA president since 2001, after joining the organization as general counsel in 1997.