Mat Vlasic has been appointed CEO of Universal Music Group-owned merchandising company Bravado. He succeeds Tom Bennett who is stepping down, effective immediately, "in order to launch a new venture of his own,” according to a UMG statement. Bennett, who joined Bravado in 2004, will continue to work closely with UMG in his new venture, serving as a consultant to UMG. 

Vlasic joins from Sony Music, where he set up the company's in-house Consumer Products and Licensing Division, and signed merchandising agreements with artists including A$AP ...