Lohan Presencer, who has been CEO of Ministry Of Sound for the past 17 years, is moving into a new role at the company.
Following the sale of the Ministry record company to Sony, Presencer becomes Chairman of the Ministry Of Sound Group – which continues to operate a successful nightclub and licensing operation, in addition to music publishing and other divisions.
The day-to-day running of the Ministry Of Sound Group will be left to new CEO Jonathan Bevan, who is a former President of Europe and Australia/NZ at Clear Channel.
By stepping up to Chairman, Presencer (pictured) takes over from company founder Lord (James) Palumbo of Southwark, who remains the majority shareholder in the Ministry business.
Bevan said “As Ministry of Sound approaches its 25th anniversary later this month I couldn’t be more excited about the opportunities for the business.
“I look forward to working closely with Jonathan across our current and future businesses.”
“There are several new ventures in late stages of development which we will be announcing shortly.”
Presencer said “2016 is an exciting year for our business and Jonathan brings an international focus to our ambitious growth plans. I look forward to working closely with him across our current and future businesses.”
Ministry of Sound Group began its life 25 years ago as a nightclub in Elephant and Castle, South London.
It now also operates live events staging over 1,000 parties a year, a music publishing company, brand partnership and licensed products including consumer electronics and fashion, and multiple digital media properties.
It also runs boutique clubbing brand Hed Kandi.Music Business Worldwide