Nonesuch Records president since 1984, Bob Hurwitz, will step away from the day-to-day running of the label over the next year. His successor will be revealed shortly, according to the Warner Music Group-owned label.

Hurwitz will become chairman emeritus in January 2017 and will continue working at the label in an A&R capacity.

He will also act as executive producer on just over 10 albums a year, as well as investing more time in interests ranging from teaching and writing ...