Warner Music Group has announced the election of of Ceci Kurzman to the company’s Board of Directors, effective today (October 1).
Well known in music circles, Kurzman is founder and President of Nexus Management Group, a former talent management and current investment company.
In the past, former Sony Music exec Kurzman managed business development and career strategy for artists including Shakira and Alicia Keys.
Warner also announced today that Max Lousada, WMG’s Chief Executive Officer of Recorded Music, is stepping down from its Board.
Warner said this move was consistent with public company best practices, and that its Directors have determined that the only Warner employee on the Board going forward should be WMG’s Chief Executive Officer, Steve Cooper.
In addition, Warner’s Directors have decided that the WMG Board should remain at 11 members.
With Kurzman succeeding Lousada, WMG’s Board is now comprised of:
- Michael Lynton (Chairman of the Board)
- Sir Len Blavatnik (Vice Chairman)
- Lincoln Benet
- Alex Blavatnik
- Steve Cooper
- Mathias Döpfner
- Noreena Hertz
- Ynon Kreiz
- Ceci Kurzman
- Thomas H. Lee
- Donald A. Wagner
Kurzman is the first board appointment since WMG’s flotation on the NASDAQ in June.
Sir Len Blavatnik, Founder & Chairman of Access Industries, said: “Ceci’s expertise in developing the careers of artists, combined with her work as an entrepreneur and investor, will make her a great addition to our exceptional group of advisors.
“Max is playing an integral role in the current success and future of Warner Music Group, and he’ll continue to be an influential voice in our Board discussions.”
“Ceci’s expertise in developing the careers of artists, combined with her work as an entrepreneur and investor, will make her a great addition to our exceptional group of advisors. Max is playing an integral role in the current success and future of Warner Music Group, and he’ll continue to be an influential voice in our Board discussions.”
Sir Len Blavatnik, Warner Vice Chairman
Ceci Kurzman said: “Music already has unprecedented reach and impact across the globe, and every day the opportunities grow more dynamic, disruptive, and ubiquitous.
“Warner is uniquely positioned in this exciting environment, with an extraordinary roster of artists and songwriters, backed by a forward-thinking leadership team across both recorded music and music publishing. I’m looking forward to working with my new colleagues on the WMG Board to help the company innovate and achieve its ambitious vision.”
“I’m looking forward to working with my new colleagues on the WMG Board to help the company innovate and achieve its ambitious vision.”
Max Lousada said: “I’m happy to welcome Ceci and her valuable perspective to the world of WMG, and look forward to working with her, Len, Steve, and the rest of the Board, as we continue to pioneer big, bold opportunities for artists, and accelerate our investments in new talent, territories, and technology.”
Prior to founding Nexus, Kurzman spent eight years at Sony Music, where she was VP of Global Marketing for Epic Records.
The exec began her career in the record business at Sony‘s Arista Records, working for Clive Davis as Director of Artist Development and Special Projects.
Kurzman currently serves on the Board of Directors, Audit Committee, and Compensation Committee of Revlon, Inc., as well as on the Board of Directors of various organizations including Man Group plc, and Cirque du Soleil Entertainment Group.
Max Lousada ends almost exactly two years of serving on Warner’s Board, having been elected as a Director in October 2017.Music Business Worldwide