Dangerbird Records co-founder Jeff Castelaz and General Manager Matt Solodky are leaving the music company to work in management, according to a rather surprising announcement made today by Dangerbird co-founder Peter Walker. Meanwhile, Jenni Sperandeo, the company's head of promotion, has been named president of Dangerbird Records and Dangerbird Publishing
Walker and Jeff Castelaz founded Dangerbird Records, Dangerbird Publishing and their affiliated recording studio in 2004.
Castelaz and Solodky will work under the banner of Cast Management with clients that include Dropkick Murphys and record producers Tony Hoffer, Justin Meldal-Johnsen and Jacquire King.
Although there have been rumblings of discord at the company in recent weeks, this move comes as a surprise. One rumor at press time had Castelaz taking a "high-ranking" position at a major, with Solodky running day-to-day at the management company.
A couple of sources told Billboard.biz that Castelaz was in line to take over the helm at Elektra, a move that would make sense for a number of reasons: the company's two former heads -- Mike Caren and Fueled by Ramen founder John Janick -- have both moved on (Caren to become Warner Music Group's worldwide head of A&R, Janick to a presidential role at Interscope). Castelaz's strength in the rock area -- with SIlversun Pickups, Fitz and the Tantrums and others -- would make him a logical success for a brand that Warner clearly wants to continue.
As for Dangerbird, Sperandeo joined the company in 2010 and as head of promotion worked extensively with Fitz and the Tantrums and Silversun Pickups. She is currently working releases by Minus the Bear and Sea Wolf.
"After nearly 20 years in radio promotion, management and artist development," Sperandeo said in a statement, "I am thrilled for the opportunity to step into this more comprehensive role at arare, artist-driven enterprise."
"This is a great move for everybody involved," Walker commented. "Dangerbird has always been about finding and nurturing great artists, and with Jenni's talents leading the charge, the company's future is brighter than ever."