Universal Music Canada president Randy Lennox will be inducted into the Canadian Music and Broadcast Industry Hall of Fame in March as part of Canadian Music Week.

The induction will take place on March 11 during Canadian Music Week in Toronto.

An industry veteran who started with MCA Records in 1978, Lennox became general manager of the label in 1993. He has been CEO of Universal since 2000.

Under Lennox's leadership, the company has increased its industry-leading share of the music market from 27.8% to 39.2%, according to Nielsen Canada.

During Lennox's tenure, Universal has launched the careers of the likes of Sam Roberts, Hedley and Jully Black. It was Lennox who championed the idea of a box set in connection with the Juno Awards called "Oh, What a Feeling." He also helped create strategic alliances with the likes of Maple Music and Vega Musique.