The music industry in New Zealand is witnessing a significant shift as Adam Holt, the long-standing Managing Director and Chairman of Universal Music New Zealand (UMNZ), steps down after an illustrious career. Sean Warner, President and CEO of Universal Music Australia & New Zealand, has announced that Myra Hemara and Matt Kidd will take over as Co-Managing Directors effective May 1. This transition signifies the end of an era while paving the way for fresh leadership to propel UMNZ into its next chapter.
Holt's departure marks the conclusion of a remarkable journey spanning 24 years at the helm of UMNZ and 34 years within Universal Music Group. His tenure was characterized by unwavering commitment to fostering a positive corporate culture and supporting both employees and artists. Under his guidance, the company achieved numerous milestones, navigating challenges with resilience and innovation. Holt expressed deep gratitude towards Sir Lucian Grainge, Sean Warner, and the entire Universal Music team, emphasizing the profound impact of working alongside such talented individuals.
Throughout his career, Holt cultivated an environment where creativity flourished, earning immense respect from peers and artists alike. His leadership style emphasized mentorship and professionalism, leading by example and leaving behind a legacy of lifelong friendships across the global music community. As he retires, Holt leaves a lasting imprint on the New Zealand music scene, setting a high standard for future leaders to uphold.
With the promotion of Myra Hemara and Matt Kidd to Co-Managing Directors, UMNZ embarks on a new phase of growth and innovation. Both Hemara and Kidd bring extensive experience and a forward-thinking approach to their roles. Hemara joined UMNZ in 2006, playing a pivotal role in establishing the digital department and strategy. Her appointment as General Manager in 2017 expanded her responsibilities to include international artist marketing and audience development. Meanwhile, Kidd has been instrumental in promoting New Zealand talent globally since joining the company 12 years ago, initially focusing on promotions and public relations before transitioning to business development and domestic repertoire.
Hemara and Kidd are committed to building upon the strong foundation laid by Holt. They aim to foster a culture of connection, creativity, and collaboration, ensuring continued success for UMNZ artists. The duo recognizes the evolving landscape of the music industry and is excited about the opportunities it presents. With the support of Tony Jenks, Chief Financial Officer & Commercial Director, they form a robust executive leadership team poised to drive UMNZ towards unprecedented achievements. Together, they look forward to shaping the future of the New Zealand music industry with excellence and innovation.