Steve Bogard, the longest-serving president in NSAI's history, chose not to seek another leadership term.
Also this week — aside from a lil' shakeup at UMG — Branford Marsalis returns home, APG goes on a promotion spree and BMI is feeling Keen.
Mercuriadis will transition to chairman, with Ben Katovsky rising to chief executive as the advisor eyes smoother relations with its publicly listed royalty fund.
Additionally, Brooke Diaz has been upped to national director of promotion and marketing.
Both executives report to president of label operations Andrew Kautz.
Beverly previously served as chief marketing and revenue officer for the NFL's Tennessee Titans.
Also this week: Warner Chappell and BMG made moves in Germany and Binta Brown joined a powerhouse legal and consulting firm in NYC.
The Capitol Hill veteran most recently worked for Sen. Mitt Romney of Utah.
The record label was launched in 1993 to support emerging Colombian talent.
Kaplan, who founded the company in 2013, will cede day to day duties in his new role.
