Effective September 21st, Jeffrey Remedios, co-founder of Toronto label Arts & Crafts, will become the new president of Universal Music Canada. He will be succeeding Randy Lennox, who now moves on as the president of entertainment production and broadcasting at Bell Media - the country's largest digital media company.

Remedios co-founded Arts & Crafts in 2003 alongside Broken Social Scene frontman Kevin Drew. In the move, the label replaced Remedios with Kieran Roy, who was Arts & Crafts previous general manager and vice president. It was also announced that Heidi Krohnert will assume Roy's old position and Matt Brown has been named vice president of finance and operations.

On the move, Universal Music Group chairman and CEO Lucian Grainge says, "I want to thank Randy for transforming our Canadian company into the market leader both commercially and creatively. He will be missed at UMG, and I'm confident he will achieve great things in his new role. I congratulate Jeffrey on his appointment. We are fortunate to have found an executive with his creative instincts and proven entrepreneurial track record to lead Universal Music Canada."

Prior to founding Arts & Crafts, Remedios worked with Virgin Music Canada and shortly moved on to EMI Music Canada, quickly moving to the role of director of national promotion. Since the label's birth, Arts & Crafts has expanded its operational boundaries with locations in Toronto, Los Angeles, and Mexico City. He is also credited with founding the Field Trip festival, also held in Toronto.

"I want to thank Lucian for this incredible opportunity," Remedios said in a statement. "Randy will be a tough act to follow, having created one of the best companies in the music industry. I’m looking forward to working with Universal Music Canada’s extraordinary roster of artists and executives to continue their stellar record of artistic and commercial excellence."

Upon his move from Universal Music Canada, Lennox revealed a memo directed simply towards "Friend." The entire piece can be read at Billboard.