Music
Chris Moncada promoted to Chief Operating Officer of MNRK Music Group
2024-10-07
MNRK Elevates Chris Moncada to Chief Operating Officer, Poised to Drive Transformative Growth
In a strategic move aimed at bolstering its operational prowess and fueling its ambitious growth trajectory, MNRK Music Group has announced the promotion of Chris Moncada to the pivotal role of Chief Operating Officer (COO). Effective immediately, Moncada will assume this elevated position, leveraging his extensive industry expertise and proven track record to steer the company's day-to-day operations and spearhead transformative initiatives across its diverse portfolio.Unlocking MNRK's Full Potential: Moncada's Multifaceted Mandate
Overseeing Operational Excellence
As the newly appointed COO, Moncada will be responsible for developing and implementing operational policies and procedures that optimize the efficiency of MNRK's label operations. He will oversee and manage the profit and loss (P&L) leads across the company's Rock and Metal, Hip Hop/R&B, International, and Last Gang divisions, ensuring seamless coordination and strategic alignment.Driving Strategic Growth Initiatives
Moncada's elevated role will also see him spearheading key business strategies and growth initiatives, with a strong focus on A&R (Artists and Repertoire), artist development, and catalog expansion. His deep understanding of the industry and keen eye for talent will be instrumental in identifying and nurturing the next generation of MNRK's artist partners, fostering their long-term success.Fostering Collaborative Synergies
Based in Toronto, Moncada will work closely with MNRK's offices in New York, Nashville, and the UK, leveraging his cross-functional expertise to drive cohesive decision-making and strategic alignment across the organization. By fostering collaborative synergies, he aims to unlock the full potential of MNRK's diverse talent pool and resources, positioning the company for sustained growth and industry leadership.Strengthening the Executive Team
In his new role, Moncada will oversee a seasoned team of industry veterans, including Scott Givens (SVP Rock and Metal), Ted May (Managing Director UK and Head of International), Ian "J.Y." Williams (Sr. Director, A&R), and Ben Chan (Director, Synch). This experienced leadership ensemble will work in tandem to execute Moncada's strategic vision and propel MNRK's continued success.A Proven Track Record of Excellence
Moncada's promotion to COO is a testament to his exceptional contributions and unwavering commitment to MNRK's growth. Since joining the company in 2015 as the General Manager of the Last Gang label imprint, he has consistently demonstrated his ability to navigate the complexities of the music industry and deliver tangible results.In 2022, Moncada's responsibilities were expanded to include A&R functions across MNRK's entire label group, further showcasing his versatility and strategic acumen. Prior to his tenure at MNRK, Moncada held various roles in marketing, A&R, and artist services at both Universal Music Group and Warner Music Group, honing his skills and expertise in the industry.Driving MNRK's Transformative Vision
MNRK's President and CEO, Sean Stevenson, expressed his confidence in Moncada's ability to excel in the COO role, stating, "Chris has proven to be instrumental in getting new deals through the signing process. His eye for talent, ear for songs, and ability to understand both MNRK's business needs as well as artist concerns has been invaluable as we change the shape of the organization."Moncada, equally enthusiastic about his new responsibilities, shared, "As I take on this new role, I am reminded how thankful I am for the opportunity to continue playing a part in the journey our artists take releasing their music into the world. I am excited to help grow the MNRK roster globally, contributing to long careers for our artist partners. MNRK is just getting started."With Moncada's strategic leadership and the collective expertise of the MNRK team, the company is poised to embark on a transformative chapter, redefining the industry landscape and delivering exceptional value for its artist partners and stakeholders.