Verve Music Group president/CEO Ron Goldstein exited the company Dec. 6. He is being replaced by Bruce Resnikoff, president of Universal Music Enterprises, who will now oversee both companies.

Although managed by Resnikoff, the Verve Music Group will remain an autonomous label with a dedicated staff that will continue to sign artists, says a company spokesman. Sources indicate that details about how Verve senior management will report to Resnikoff are still being worked out.

The New York-based Verve Music Group houses the Verve, GRP, Blue Thumb and Impulse! record labels. It is part of Universal Music Group.

UMG issued a statement on the change: "In an effort to better serve our artists and business partners, Verve will now be part of Universal Music Enterprises (UMe). This will further enhance the label's ability to reach its consumers by taking advantage of UMe's's successful non-traditional approach to marketing, publicizing and distributing music. As a result, Verve will now be uniquely positioned to maximize the many new opportunities evolving in this challenging marketplace."

Goldstein had held the position since January 2002. Previously, he has served as president of The GRP Recording Company, president/CEO of Private Music and president of Island Records, North America.