Concord’s Glen Barros will leave his role as Chief Operating Officer on Dec. 31, 2019 in order to form a new business venture, Exceleration Music. Through this new venture, Barros plans to invest in music rights while providing strategic services to third party entities, primarily within the independent music community.
Exceleration Music’s first acquisition is the London-based jazz label Candid Records.
Barros’ time with Concord began 25 years ago when Barros, then an executive with Alliance Entertainment, closed a deal to purchase the Concord Jazz label from its founder, Carl Jefferson. Barros assumed the role of President & CEO for Concord Jazz when Jefferson passed away a few months later. From that point forward he implemented a strategy that saw the label grow to become Concord Music Group, one of the largest independent music companies in the world. In 2015, Concord Music Group merged with independent music publisher Bicycle Music. Barros became COO of the new company in 2017 after its acquisition of Imagem Music Group, at which time Concord Music Group, Bicycle and Imagem divisions were all consolidated under the Concord name.
Scott Pascucci, Concord’s Chief Executive Officer, comments, “It’s been my privilege to work with Glen for almost seven years. The care and passion with which he led and grew Concord Music Group for decades has carried on into the current Concord and will surely continue after his departure. We are thankful for his dedication to the company and look forward to collaborating with him in the future.”
Glen Barros states, “I am eternally grateful for all that I’ve experienced over the past twenty-five years at Concord and for the company’s help in allowing me to launch Exceleration Music. It’s been an amazing ride and Concord will forever be in my heart. While leaving is incredibly difficult, I know that Concord is in great hands and will undoubtedly continue to flourish long into the future. When I look forward to my new venture, I’m tremendously excited by the prospect of using my past experiences to help others achieve their strategic goals in the future. And I find it very fitting that I begin this second act of my career the same way that I started the first one…with a great jazz label.”
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