Come April 30, the current Beats President Luke Wood will be leaving the company. He will be replaced by Oliver Schusser, who heads Apple Music and International Content. Schusser will continue to lead his previous responsibilities at the Cupertino firm in tandem with those at his new post at Beats.
According to a leaked internal email by the senior vice president of Internet Software and Services at Apple, Eddy Cue, the move has been in the pipeline for quite some time now and was fueled by Wood"s "desire to do something new". Reassuring that the company is in good hands, Cue further wrote that Oliver Schusser is "passionate about music and the Beats brand," and that "he"s equally passionate about building a strong, collaborative culture with his team."
Beats was originally founded in 2006 by Dr.Dre and Jimmy Iovine and was acquired by Apple in 2014. While the company noted that a change in leadership comes at precarious times due to the current pandemic, the best thing for Beats is "to keep the business moving forward," and that Apple is "committed to the Beats brand and the importance of maintaining its role firmly in the music portfolio."
Source: CNET