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EMI make more senior appointments
By CMU Editorial | Published on Monday 19 January 2009
EMI have announced two senior appointments, one at recordings division EMI Music, the other at EMI Music Publishing.
First up, Charles Allen, the former ITV boss, who is currently chairman of Global Radio, among other things, will become Non-Executive Chairman of EMI Music.
Although a non-exec role, Allen might bring some media expertise to the record company as it tries to expand its horizons, and engage consumers direct with its content through the recently launched EMI.com service.
And, of course, Allen knows his internet – he was the one who, erm, spent millions of ITV’s money buying Friends Reunited approximately two years after everyone had stopped using it.
Next up, Stephen Alexander, a former MD for the music firm’s parent company Terra Firma, who has been most recently overseeing EMI’s catalogue division on behalf of Guy Hands’ private equity firm, will become both Non-Exec Director for EMI Music Publishing and Deputy Chairman of Maltby Capital, the company through which Terra Firma owns EMI.
This, in case you wondered, is what the aforementioned Hands had to say: “I am delighted that we have been able to attract Charles Allen to this important role. Charles has vast experience of managing change in creative industries. His enthusiasm for music coupled with his business skills ad experience makes him an ideal non-executive Chairman”.
“He has been advising us in recent months and has an in-depth understanding of what is required to drive the business forward. He has already worked closely with Elio Leoni-Sceti, Chief Executive of EMI Music, whose team is turning the business around. They are an ideal combination”.
He continued: “Stephen Alexander has been an Operational Managing Director at Terra Firma for the past six years and has been directly involved in overseeing the management of many of our investments”.
“Stephen advised me last year of his intention to go plural in 2009, and I am delighted that he has agreed to take up this non-executive leadership role with EMI Music Publishing. He has proven management skills which will be of great benefit to the company”.
