The Warner Music Group will see CEO of Recorded Music Max Lousada step down at the end of September, the company announced today.
Lousada has run the recorded music operation for eight years, and will be an advisor until January 31. However, Lousada’s role will cease to exist moving forward, as will the role of president of international.
Veteran Atlantic Records and Atlantic Music Group chairman/CEO Julie Greenwald will become chairman of Atlantic Music Group, reporting directly to WMG CEO Robert Kyncl.
10k Projects founder Elliot Grainge will become CEO of Atlantic Music Group effective October 1, also reporting to Kyncl. Grainge has been with Warner for less than a year, after bringing 10K from Universal to Warner in a joint venture last September.
Read more on deadline.com
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