"My intention is to remain in the music world and I will announce my future plans as soon as I can," Zabala tells Billboard.
Iñigo Zabala, the longtime president of Warner Music Latin America & Iberia, is stepping down at the end of 2021 after more than 30 years with the company, Billboard has learned. He will then remain on as a consultant for the company through 2022.
"Iñigo Zabala is planning to step down from his current role at the end of the year, but we’re pleased that he’s agreed to continue to work with us beyond that as an independent consultant," a Warner spokesperson confirmed. "We’ll be announcing news of his successor in due course."
News of Zabala’s departure, delivered this morning to Warner staff, came as a surprise to many in the Latin music industry, where Zabala is highly regarded by executives and artists alike. Outwardly, at least, there had been no indication that he was planning on leaving the company nor are there any credible leads on who could replace him, although it is speculated that it would be someone from one of the other majors.