The American Assn. of Independent Music (AAIM) has named Don Rose as its acting president, according to sources. Rose, a founding partner of Rykodisc, left the company in 2001 to run the London office

The American Assn. of Independent Music (AAIM) has named Don Rose as its acting president, according to sources. Rose, a founding partner of Rykodisc, left the company in 2001 to run the London office of Palm Pictures, with which Ryko had once been partnered.

An official announcement should come within the next few weeks, sources say. When contacted by Billboard.biz, Rose declined to comment. Further details were unavailable, and it was unclear if Rose's role as acting president would be only an interim position.

Independent labels in the U.S. have been without a trade organization since the Assn. for Independent Music dissolved last year. It is believed that a handful of executives had been identified for the role.

The launch of the New York-based AAIM -- modeled after the U.K.'s powerful Assn. of Independent Music -- was spearheaded by Tommy Boy president Tom Silverman and Beggars Group CEO Lesley Bleakley. The group will tackle everything from the lack of health care in the industry to what many deem unfair practices by such online services Apple's iTunes, which pay indie labels less than the majors. Associate membership will be extended to distributors, clubs and other independent music-related parties.

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