Veteran music executive Ron Fair has left Capitol Music Group, Billboard has learned.
Fair was hired in Feb. 2013 as chief creative officer and executive vice president of Virgin Records and charged with rebuilding the label. The imprint saw significant success during his reign, particularly with the band Bastille, whose debut album has sold 507,000 units, according to Nielsen SoundScan, based in large part on the success of the single “Pompeii” (3.4 million downloads have been sold to date, 2.6 million of them in 2014, making it the top selling rock digital song of the year).
In addition, the label has seen eight additional albums chart on the Billboard 200, including 30 Seconds To Mars‘ Love Lust Faith + Dreams.
Fair, an award-winning producer, is credited with discovering and shepherding Christina Aguilera, Fergie and Keyshia Cole, among others. He had previously served in senior executive roles at Geffen Records, A&M Records, RCA Records, EMI Records, Island Records and Chrysalis Records as well as his own Faircraft Records.
A formal announcement by CMG is not expected.