Costa Pilavachi, the long-serving president of Decca Music Group, has left the role with immediate effect. Deutsche Grammophon executive Bogdan Roscic has been promoted to succeed Pilavachi as managin

Costa Pilavachi, the long-serving president of Decca Music Group, has left the role with immediate effect. Deutsche Grammophon executive Bogdan Roscic has been promoted to succeed Pilavachi as managing director of the classical music specialist.

In a statement issued today (Feb. 20), parent company Universal Music Group says it has asked Pilavachi "to explore key new business opportunities in classical music for the group" and that it was currently discussing terms on those duties.

"I would like to offer my heartfelt appreciation to Costa for the dedication and achievements he has brought to the Philips and Decca labels over the last 17 years," says Christopher Roberts, president of classics and jazz at Universal Music Group International, in the statement.

Pilavachi was appointed president of Amsterdam-based Philips Music Group in 1997. He added stripes as president of Decca in January 1999. Later that year, UCJ merged Decca and Philips under a new operation in London, for which Pilavachi was placed in charge

During his tenure, Pilavachi has been the driving force behind a string of success stories with such artists as Cecilia Bartoli, Andrea Bocelli and Hayley Westenra.

His replacement, Roscic, has served until recently as VP A&R at Deutsche Grammophon, sister company to Decca within UMG.

Speaking on Roscic's appointment, Roberts says the incoming executive has played "a huge part of the recent success and revitalization of Deutsche Grammophon," and suggests he will bring "the same focus, intelligence and artistic knowledge and passion to his new position."

Since joining Deutsche Grammophon in 2003, Roscic has worked with such artists as Claudio Abbado, Pierre Boulez, Lang Lang, Anna Netrebko and Bryn Terfel. Prior to that, he was managing director of Universal Music Austria.

Based in London, Roscic reports to Roberts.

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