Former Kobalt Music Group President Richard Sanders is now CEO of streaming service TIDAL. He left Kobalt earlier this summer after more than five years at the company.
According to "Variety", Sanders is now set to succeed Jeff Toig as TIDAL CEO. Toig parted ways with TIDAL at the end of May, becoming the third CEO to exit the company in little over two years.
Before joining Kobalt in 2012, Richard Sanders was Sony Music’s Chairman of International & President of Global Marketing where he oversaw the global company’s 43 operating units outside the US. He additionally headed up Sony Music Live, which produced over 5,000 live events per year. Prior to his tenure at Sony, he held executive positions at RCA Records, Sir Richard Branson’s V2 Records and Arista Records
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