Business News Industry People Labels & Publishers

Warner announces senior management rejig

By | Published on Thursday 10 November 2011

Warner Music

Warner Music has announced a significant rejig of the management structure of its recorded music division, which has resulted in the abolition of the European management team and the departure of Warner Music Europe CEO John Reid.

The rejig is being led by Lyor Cohen, whose control of the Warner record labels has increased since Access Industries bought the company and former CEO Edgar Bronfman Jr took a more backseat role as Chairman. Bronfman’s replacement, Access Industries man Stephen Cooper, is much less hands on.

The aim of the revamp is to simplify the company’s regional management structure, and to have more global focus on key areas such as digital, finance, catalogue, distribution and the expansion of Warner’s business outside traditional record sales. Execs with global responsibilities in the new look team include Steven Bryan (digital), Matt Signore (finance), Kevin Gore (catalogue), Mike Jbara (distribution) and David Marcus (360 deals).

The removal of a European level of management will see France, Germany and the UK reporting directly into Cohen, with Spain reporting into Latin America chief Iñigo Zabala and other European markets to Stu Bergen.