Val Blavatnik promoted to the helm of Warner Music Group
Warner Music Group has appointed Val Blavatnik as Managing Director for North America, the UK and Business Development, amidst a series of changes to the group’s leadership. A key detail of this appointment is that Val is the son of Len Blavatnik, the majority owner of Warner Music. In his new role, he will be responsible for “unifying and steering” the commercial and operational strategy across these markets,… whilst guiding the company’s investment strategy. The markets have remained relatively unmoved by the news of this reorganisation. The share price was down slightly by 0.3 per cent at midday. The appointment is part of a wider reshuffle of the management structure. Alejandro Duque has been promoted to head of Warner Music International, with the APAC and EMEA regions added to his…