Bronfman Leaving Post as WMG Chairman
Warner Music Group chairman Edgar Bronfman Jr. is stepping down from his post. He shared the news with employees yesterday (12/5), explaining that he will remain as a director.
He is expected to officially vacate the chairman seat at the end of January. A replacement will be named before then.
In August Bronfman and Stephen Cooper switched roles, which moved Bronfman to chairman, and Cooper to CEO.
This followed the May acquisition of Warner Music Group by Len Blavatnik’s Access Industries for $3.3 billion.
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