WMG Realigns Board, Minus Strang

Warner Music Group Corp. (WMG) announced the election of three new Directors: Jon Platt, Max Lousada and Noreena Hertz. Effective October 1, Lousada (center), the newly named CEO, Recorded Music, WMG and Platt (left), Chairman & CEO of Warner/Chappell Music, will expand their leadership roles as Board members, by helping to chart the company’s future direction. Effective September 15, international economist Noreena Hertz (right) has rejoined the Board, where she previously served from 2014 to 2016.

With these new additions, it was also announced that Warner Bros. Records Chairman & CEO Cameron Strang is leaving the Board after six years of service. As a result, the WMG Board of Directors increases from 11 to 13 members.

Len Blavatnik, Chairman & Founder of Access Industries, said, “As the creative leaders of WMG’s two major divisions, Max and Jon are excellent additions to our Board. I am also pleased to welcome Noreena back onto the Board, joining an impressive group of experts across business, technology, entertainment and media. I, along with Steve and the other directors, would like to thank Cameron Strang for his service on the Board; we are deeply appreciative of his many contributions.” Steve Cooper, CEO of WMG, remarked, “I am very pleased to welcome these three leaders to our Board of Directors. With Max now bringing his entrepreneurial vision to our entire Recorded Music operation, and Jon leading Warner/Chappell to new heights around the world, they will bring invaluable insight to our Board. I’m also delighted that we’ll once again draw on Noreena’s unique global perspective and experience, which were so welcome during her previous tenure.”