Nancy Dubuc has been elected to Warner Music Group Corp’s Board of Directors, including being named Chairperson of the Audit Committee and a member of the Executive Committee.
At the same time, Thomas H. Lee has announced his intention to step down from the company’s Board of directors after more than 17 years of service.
In 2004, he led the investor group which purchased the company from Time Warner.
In light of Lee’s many contributions to Warner Music Group, Lee has been given the title of Director Emeritus.
Dubuc is currently Chief Executive Officer of VICE Media Group.
Prior to joining VICE, Dubuc served as President and Chief Executive Officer of A+E Networks.
She also currently serves on the board of directors of Vice Media LLC and Flutter Entertainment PLC.
In addition to Dubuc, Warner Music Group Board of Directors comprises of:
- Michael Lynton, Chairman of the Board
- Len Blavatnik, Vice Chairman of the Board
- Lincoln Benet, Director
- Alex Blavatnik, Director
- Stephen F. Cooper, Chief Executive Officer; Director
- Mathias Döpfner, Director
- Noreena Hertz, Director
- Ynon Kreiz, Director
- Ceci Kurzman, Director
- Donald A. Wagner, Director
- Thomas H. Lee, Director Emeritus
“Nancy is an exceptional addition to the Board.”
Len Blavatnik, Access Industries
Len Blavatnik, Founder & Chairman of Access Industries, said: “Nancy is an exceptional addition to the Board. Her experience in visual and digital media, combined with her knowledge of youth culture and the entertainment market, make her well suited to help guide WMG’s growth.
“I would also like to thank Tom for his many years of valuable service on the Board, and I’m pleased that we’ll be able to call on his expertise in the future.”
“I’m looking forward to working with everyone on the Board to help chart the years ahead.”
Nancy Dubuc
Nancy Dubuc said: “Music now lives in many different forms, across cultures, technologies, and media.
“Warner’s dynamic, global approach to creativity and commerce, along with the powerful value proposition it offers artists and songwriters, make it a truly progressive and exciting company.
“I’m looking forward to working with everyone on the Board to help chart the years ahead.”
“Warner Music Group has undergone an extraordinary evolution over the past 17 years. It’s been gratifying to help the company drive its transformation and deliver unprecedented growth.”
Thomas Lee
Thomas Lee said: “Warner Music Group has undergone an extraordinary evolution over the past 17 years. It’s been gratifying to help the company drive its transformation and deliver unprecedented growth.
“I’m honored that Len and the Board have asked me to continue to serve the company for which I have such admiration.”Music Business Worldwide