Michael Olsen has been promoted to president of Compendia Music Group. Olsen, who has served as COO of the division since its inception in late 2001, reports to Marty Tudor, president/CEO of parent Compendia Media Group. Based in Nashville, Olsen oversees the music group's labels-Compendia, Light Records,
and Intersound Music-and Alpharetta, Ga.-based distribution arm Compendia Distribution Group.