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Neil Young Takes Over As CEO of PonoMusic

07/18/2014
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(Radio.com) If you want it done right, do it yourself. That very well could be Neil Young's philosophy on his music platform PonoMusic, a high-end digital audio system, as the singer has taken over as CEO after the company's former chief executive officer, John Hamm, stepped down last week.

However, according to Mainstreet, Hamm will remain an investor in the company. Very involved in all aspects of the process, in an interview in March, Hamm said Young is full of ideas.

"I talk to him like clockwork five times a day," Hamm told TheStreet during the March interview. "The conversation always starts out, 'John? It's Neil. I've been thinking� ' And what comes next is something new for the Web site or some new idea for the player."

Young launched a Kickstarter campaign earlier this year for his project, which includes an online music store and the PonoPlayer. The campaign raised upwards of $6.2 million. more on this story

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Copyright Radio.com/CBS Local - Excerpted here with permission.

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