Island Records is a major record label that operates as a division of Universal Music Group (UMG). It was founded by Chris Blackwell, Graeme Goodall, and Leslie Kong in Jamaica and has been based in the United Kingdom since 1962. Blackwell sold the label to PolyGram in 1989. Both Island, and another recent PolyGram acquisition, A&M, were at the time the largest independent record labels in history, with Island in particular having exerted a major influence on the progressive UK music scene in the early 1970s. The label has been operating as one of Universal Music's standalone labels since 2014, also handling Mercury Records. Key people include Lucian Grainge, CEO of Universal Music Group; David Massey, president and CEO; and Eric Wong, executive vice president/general manager.