In 1979, CBS Records President Walter Yetnikoff hired his old friend DiLeo to work for Epic Records in New York City as Vice President of National Promotion. Overseeing a staff of 65 people and a multimillion-dollar budget, Frank helped guide Epic Records from a small $65 million company to a $250 million powerhouse; during this period Epic outperformed its sister label Columbia Records for two years running. Artists signed to Epic included Quiet Riot, REO Speedwagon, Ozzy Osbourne, Gloria Estefan, Luther Vandross, Meat Loaf, Cyndi Lauper, Culture Club and Michael Jackson, among others. He was voted executive of the year for Epic Records, received over 80 gold and platinum awards, and was credited for taking Epic Records from the number fourteen label in the U.S. market to number two. In 1984, after the record-setting success of his Thriller album, Michael Jackson asked DiLeo to take over as his manager. DiLeo was the executive Producer for the full-length movie Moonwalker, wrote and executive produced three Pepsi-Cola commercials (including negotiating a landmark endorsement deal), and eight music videos including the Grammy winning video "Leave Me Alone". DiLeo managed Jackson's Bad World Tour, and the Jackson family's Victory Tour. DiLeo managed Jackson until February 14, 1989 when Jackson accused DiLeo of tampering with money, DiLeo later partnered up with Jackson again in 2009 for Jackson's This Is It. The Last Time DiLeo saw Jackson was at the Ronald Reagan UCLA Medical Center on June 25, 2009 DiLeo told David Gest "I got to spend a few moments alone with him, I told him what I thought, before kissing him on the head and saying my last goodbye".
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