WALE The Eleven One Theory
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Warner Music Group's Board Elects Edgar Bronfman, Jr. Chairman, Stephen F. Cooper CEO
Thomas H. Lee Joins WMG's Board
WARNER MUSIC GROUP TODAY (8/19) announced that EDGAR BRONFMAN, JR., who had been serving as the company's CEO, has been appointed to the position of Chairman of the company's Board of Directors and STEPHEN F. COOPER, who had been serving as Chairman, has been elected to serve as WMG's CEO. BRONFMAN will focus on the company's strategy and growth opportunities while COOPER will be responsible for the company's day-to-day operations. COOPER will continue to serve on the company’s Board of Directors.
Chairman/CEO Recorded Music LYOR COHEN and Chairman/CEO WARNER/CHAPPELL MUSIC CAMERON STRANG will remain in their positions, reporting directly to COOPER.