They real and rumored shakeups at Warner Music Group continue with Cameron Strang, chairman and CEO of Warner Bros. Records resigning from the WMG board as three others join. The changes come just as new Warner Music Group CEO of Recorded Music, Max Lousada takes over all global recorded music operations.
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Warner Music Group Corp. today announced the election of three new directors: Jon Platt, Max Lousada and Noreena Hertz. Lousada and Platt are respectively the heads of WMG’s Recorded Music and Music Publishing divisions. International economist Noreena Hertz rejoins the Board, on which she served from 2014 to 2016.
As a result of the changes, the WMG Board of Directors increases from 11 to 13 members.
Len Blavatnik, Chairman & Founder of Access Industries, said: “As the creative leaders of WMG’s two major divisions, Max and Jon are excellent additions to our Board. I am also pleased to welcome Noreena back onto the Board, joining an impressive group of experts across business, technology, entertainment and media. I, along with Steve and the other directors, would like to thank Cameron Strang for his service on the Board; we are deeply appreciative of his many contributions.”
Steve Cooper, CEO, WMG, said: “I am very pleased to welcome these three leaders to our Board of Directors. With Max now bringing his entrepreneurial vision to our entire Recorded Music operation, and Jon leading Warner/Chappell to new heights around the world, they will bring invaluable insight to our Board. I’m also delighted that we’ll once again draw on Noreena’s unique global perspective and experience, which were so welcome during her previous tenure.”