Warner Music Group’s chief digital officer Oana Ruxandra says she now wants to further explore her “entrepreneurial spirit.”
Oana Ruxandra, chief digital officer and key Web3 lawyer at Warner Music Group (WMG) is leaving the label, saying she has decided that “it’s time for a change.”
According to an internal memo obtained by Billboard, Ruxandra made the decision to leave the company after discussing her role with CEO Robert Kyncl.
While the nature of these discussions remains unknown, Ruxandra said she now wants to “explore my entrepreneurial spirit even further.”
“Robert and I have been discussing my role for some time, and I have decided it is time for a change, one in which I explore my entrepreneurial spirit even further.”
Oana Ruxandra
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While it is unclear who will replace Ruxandra, she noted that WMG’s CEO “has plans for my successor and you will hear from him about that soon.”
Ruxandra leaves the company three years after becoming a top manager at WMG. In this role, Ruxandra partnered with Polygon Labs to form a music accelerator program to drive the “next generation of innovation at the intersection of web3 and music.”
She was also an outspoken proponent of non-fungible tokens (NFTs). For example, she helped OpenSea, an NFT marketplace, partner with WMG in an effort to “build and grow their fan communities in web3.”
Ruxandra first joined WMG in early 2010 in business development, but moved to Universal Music Group four years later.
She returned to WMG in 2018 as the company’s top executive and led Warner Music’s evolution into web3, NFTs and gaming.
Read more: Warner Music and Polygon are teaming up to launch music NFTs
