Zerza Joins WMG As EVP/CFO

• Warner Music Group Corp. announced that Armin Zerza is joining the company as Executive Vice President and Chief Financial Officer, effective May 5, reporting to CEO Robert Kyncl. It was concurrently announced that current EVP & CFO Bryan Castellani will serve until May 5, and then act as advisor to ensure a smooth handover.

Zerza comes to WMG with three decades of experience across the entertainment, technology, and consumer goods industries, most recently a decade with Activision Blizzard, where he served as CFO, Chief Commercial Officer, and played a pivotal role in the company’s acquisition by Microsoft. Zerza joined Activision Blizzard in August 2015 following 20+ years of senior leadership experience at Procter & Gamble, serving in North America, Europe, and Latin America.

Kyncl said, “Armin arrives with 30 years of global experience and a track record of delivering outstanding results through operational excellence, commercial innovation, and financial discipline. He’ll help us evolve our long-term strategy and build WMG for the lasting benefit of our artists, songwriters, investors, employees, and partners.”

Zerza commented, “I’m thrilled to join WMG, a dynamic and innovative leader in the music industry. I believe the business has tremendous potential and look forward to working closely with Robert and the talented team at WMG to help deliver its ambitious vision for innovation, growth, and long-term value creation.”

Kyncl added, “I’d also like to thank Bryan for his invaluable contributions to WMG. He’s been a great partner and exemplary team player during many important moves, positioning the company for sustained success. All of us wish him the best in his next chapter.” Castellani said, “It’s been a rewarding experience to contribute to the ongoing evolution of this great company. There’s so much we achieved at a pivotal time for the industry. I thank Robert, the Board of Directors, and everyone at WMG, especially the global finance team.”