Universal Music Group Nashville co-chairman James Stroud has exited the company while co-chairman Luke Lewis has signed a contract extension.

According to a Universal Music Group spokesman, Stroud decided not to renew his contract and will focus on his production business. Stroud has produced Toby Keith, Clint Black, Tim McGraw, Tracy Lawrence, Clay Walker and Little Texas, among others.

Stroud joined the incumbent Lewis as co-chair in May 2004, roughly six months after UMG purchased DreamWorks/SKG's record label holdings, which included DreamWorks Nashville. Stroud headed DreamWorks' Nashville division since its inception in 1996.

Lewis lead MCA Nashville, Mercury Nashville and Lost Highway for the last four years. Prior to that he ran the latter two labels, the second of which he founded in 2000.

As previously reported, UMGN senior director of A&R Brian Wright was promoted to VP of A&R for the group, reporting to Lewis.