Several Top European Execs Exit WMG
November 10, 2011 at 4:55 AM (PT)
Several executives have exited WARNER MUSIC GROUP EUROPE. MUSICWEEK reports, "U.K. exec JOHN REID has decided to leave WARNER MUSIC after 11 years at the company." Three other high-level employees are also exiting, with International CFO MIKE SAUNTER, SVP/Commercial Strategy ERIC DAUGAN and SVP/ Commercial Channels & Consumer Marketing ISABEL GARVEY all exiting in a realignment.
WMG Chairman/CEO Recorded Music LYOR COHEN will take direct control of NORTH AMERICA, U.K., GERMANY and FRANCE -- in addition to his worldwide responsibilities.
MUSICWEEK also reports, "INIGO ZABALA will now oversee SPAIN as well as LATIN AMERICA. STU BERGEN, who until recently was EVP/WARNER BROS RECORDS, will take on oversight of the other European territories, as well as coordinated worldwide marketing activities, and LACHIE RUTHERFORD continues to run WMG's ASIA PACIFIC operations."