Founder and former CEO Robert Ott will stay on in an advisory role.
Helen Murphy, the founder and president of International Media Services, will succeed ole founder Robert Ott as CEO of the Toronto-based independent music publisher. Ott will continue to contribute as an advisor to Murphy and the ole board of directors.
"I am passionate about music and very excited that the music industry has returned to growth around the world," said Murphy in a statement, announcing her new position. "Given the ever-increasing ways people have to consume music, I believe we have an incredible opportunity at ole to continue to create value for our songwriters, our artists and our global production music and intellectual property business partners. I look forward to working with the team at ole and with its founding partner, the Ontario Teachers' Pension Plan (Ontario Teachers')."
Added Ott: "It has been a privilege and honor to found ole and grow the company to its present position as a global player. I've had the opportunity to work with many incredible people over the years and have learned so much from them. I'm thankful to Ontario Teachers for their belief in a dream and wish Helen Murphy and ole every success in the future."