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 Send to email | Warner Music (WMG) Shuffles Management: Cohen Up, Vien Out in General |  By Silicon
el 16-Sep-2008 |  A management shuffle at Warner Music Group: Lyor Cohen, last seen selling about 25% of his WMG holdings while the company argues that its shares are undervalued, has gotten a promotion, and the company has a new CFO.
UP: Cohen, promoted from head of WMG's US recorded music to Vice Chairman, which means that he now oversees UK and Latin America.
Michael Fleisher, former EVP and CFO, is also a Vice Chairman! He's now in charge of strategy and operations, where he "will lead the transformation of WMG's business models and operational processes". But he still has to handle IR.
Steven Macri, former SVP and controller, is now CFO.
OUT: Patrick Vein, former head of Warner Music International. His old unit is now getting chopped up into several pieces. Full play-by-play here.
See Also: Lyor Cohen Gives Himself A $6.8 Million Payday
WMG Q3 Earnings
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| Warner Music Group On Board with Nokia?s Comes With Music |  This morning Nokia announced a major victory in its fight to become a digital music retailer. Warner Music Group, one of the biggest record labels in the industry, has signed on as a content provider for Nokia’s still-unfolding ‘Comes With Music’ offering. We have discussed Comes With Music a few times here on BGR but [...] [..] Read complete article | | Published 01-Jul-2008 by Zach Epstein in NewsNokiaServicesComes with MusicfreeGroupmp3musicmusic downloadsWarner
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