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    HomeNewsSimon Dunmore steps down as CEO of Defected Records as label is...

    Simon Dunmore steps down as CEO of Defected Records as label is acquired

    Simon Dunmore has stepped down as CEO of Defected Records following a management buyout.

    Defected’s former Managing Director and now-CEO Wez Saunders, who joined the company in 2014, has acquired the label and promoter for an undisclosed sum, Music Week reports. The terms of the deal are also unknown. Dunmore will continue to work for Defected as an A&R consultant. 

    According to Music Week, documents lodged at Companies House show that Saunders has entered into a security agreement via a holding company with Pinnacle Bank to fund the acquisition of the company.

    “Wez Saunders has been my right-hand man for eight years,” Dunmore said in a statement. “Together, we have navigated Defected into prolific times, helping build an…

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