“I’ve enjoyed much of my time at Warner’s, but in truth I long for my indie roots and the greater independence that I experienced back in the ‘70s, ‘80s, and ‘90s,” Stein (pictured above with David Byrne and Madonna) said in making the announcement. “So the time has come to move on to the next phase of my career, leaving Sire in the hands of Rani Hancock, whom I sincerely wish all the luck in the world. I’m very proud that Sire was named the #15 label of the past 100 years in a major poll conducted by Variety earlier this year. I trust that it will continue to be a place where great songs and great artists will live for many years to come.”
“Rest assured, I intend to remain active, and I’ll be back in action again soon. I’m looking forward to the future and continuing to develop new artists in the music business that I love so much.”
The Trustees Award was presented to Stein by singer and author Henry Rollins, who said, “Seymour is the ultimate visionary indie, hearts & minds music executive of all time. His unquenchable passion has made the world a better, more open, free and cool place for almost six decades… Seymour, thank you for being the kind of record man that makes music history.” Past recipients have included legendary music executives such as Ahmet Ertegun, Nesuhi Ertegun, Jac Holzman, Jerry Wexler, Arif Mardin, Mo Ostin, Chris Blackwell, Clive Davis, and many others.
More at Variety.com