Audu Maikori CEO of Chocolate City Music has announced
that he will be stepping down from his chief executive role
of the music company.
Maikori (pictured, third from right) made the announcement
at the Nigerian Entertainment Conference organized by NET
newspaper, which took place at the Eko Hotel and Suites on
Wednesday.
“It’s been 10 years and 10 years of hard work and
challenges. There are times when I woke up and I thought I
don’t want to go to the office the next day,” he said.
“Chocolate city, over the years, has also grown into a strong
entity. Many of you know about Chocolate City and not
about the Chocolate City group itself, which owns four other
subsidiaries. There’s the Chocolate City Music, which you
know. Then there is Chocolate City Media. There’s
Chocolate City Events and there is a company that focuses
on social media engagement for third parties.
“And I have been on this journey for 10 years and after 10
years I have to retire. Well, I will be stepping down as CEO
of Chocolate City Music effective from June 2015. And the
reason is that I feel that the new generation has so much to
offer. I think that if you don’t pass the baton and decide to
hold on to it for too long. you may become too old and
creaky to even run the race.
“Some of our media companies refuse to pass the baton
and mentor others but we at Chocolate City want to be
different. I will be making an announcement in June about
who shall be replacing me as CEO of Chocolate City music.
But in the interim, I just want to say thank you all.”
The lawyer founded the company in 2005 with Paul Okeugo
and Yahaya Maikori, and it has since grown to become one
of the biggest and most successful African music labels.
The label is the corporate home of a large roster of artistes
such as M.I, Femi Kuti, Ice Prince, DJ Caise, Pryse, Nosa,
Victoria Kimani, Dice Ailes , Koker, Loose Kaynon and the
returning Jesse Jagz.
It is also significant to note that in 2012, business mogul
Hakeem Bello-Osagie joined the board of Chocolate City
Group as its chairman.



www.thecable.ng/audu-maikori-stepping-ceo-chocolate-city-music

Who now takes over from him?