Disney is announcing today that Bob Cavallo, chairman of the Disney Music Group, will retire on Jan. 31, 2012 after more than 13 years with The Walt Disney Studios. Ken Bunt has been promoted to EVP and will run Disney Music Group when Cavallo retires. According to his official bio, Bunt originally joined Hollywood Records and the Disney Music Group in 1998, helping to lead the company’s digital media strategy. In 2005, Bunt was promoted to SVP of marketing, responsible for the campaigns of acts such as Breaking Benjamin, Jonas Brothers, Demi Lovato, Selena Gomez and many others. He began his career at Rick Rubin’s Def American Recordings, where he worked with acts like The Black Crowes and Johnny Cash.

During his tenure at the studio, Cavallo oversaw a reorganization of the company’s recorded music, music publishing and concert operations into one centralized business entity, the Disney Music Group, which distributes original music and motion picture soundtracks under the Walt Disney Records and Hollywood Records labels. It also manages a diverse roster of artists that includes Jonas Brothers, Selena Gomez, Grace Potter, Breaking Benjamin, Miley Cyrus and Plain White T’s. Cavallo began his career as a nightclub owner and event producer before becoming one of the most well-known music managers of the past few decades for Earth Wind and Fire, Prince, Seal, Green Day, Weezer, the Goo Goo Dolls, and Alanis Morissette.

Rich Ross, chairman of The Walt Disney Studios, today called Cavallo a “legend” in the music industry. Cavallo said, “My time at Disney has been one of the most rewarding experiences of my life, and I’m so proud of where the music group has evolved to today. This is an incredible team of music-industry professionals, and I know I’m leaving it in the best hands.”

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