Michael Gudinski’s son Matt will take the reins at the late legendary music entrepreneur’s Mushroom Group.
Today the Melbourne-based group of companies announced that the 36-year-old would move into chief executive role following the sudden passing of his father at age 68 on March 2.
Matt was executive director for the past eight years, spearheading a public relaunch of the highly influential entertainment group.
In this role, he worked alongside Michael, overseeing 250 employees and two dozen companies, including Illusive Sounds, the record label he launched at age 17 with Adam Jankie in 2003 that guided the careers of Bliss n Eso, Lowrider, Owl Eyes and Stonefield.
After launching Mushroom Records in 1972, Gudinski enjoyed success with top Australian acts, including Skyhooks, Split Enz, Jimmy Barnes, Kylie Minogue, Paul Kelly, Archie Roach and the Temper Trap.
“This isn’t a role that I expected to assume yet, but I am determined to honour the great legacy my father left,” Matt said today.
“Mushroom Group is in its strongest position ever and as we fast approach our 50th year I know that our incredibly talented Mushroom family will help me deliver the vision Dad and I had for the next 50 years of our business.”
Gudinski instigated a succession plan when he made Matt executive director.
It’s a bit of pressure on him because he’s got the surname.
“It’s a bit of pressure on him because he’s got the surname,” Gudinski said seven years ago.
“It’s given our people a real sense of whatever happens, we’ve all got to go some day and that the whole Mushroom Group will go on.”