Posted 22 June, 2022
Warner Music Group Corp. appointed new CEO
CEO Change detected for ticker Nasdaq:WMG in a 8-K filed on 22 June, 2022.
On June 22, 2022, Warner Music Group Corp. (the "Company") announced that it has begun planning for the succession of the Company's Chief Executive Officer ("CEO") and director, Stephen Cooper.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of Warner Music Group Corp.
Media/Entertainment • Motion Picture/Sound Recording
Warner Music Group Corp. engages in the publishing and recording of music. It operates through the Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the sale, marketing, distribution, and licensing of recorded music produced by the company's recording artists. The Music Publishing segment acts as a copyright owner and/or administrator of the musical compositions and generates revenues related to the exploitation of musical compositions. The company was founded on November 21, 2003 and is headquartered in New York, NY.Market Cap
$17.4B
View Company Details
$17.4B
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers. Succession Planning Process On June 22, 2022, Warner Music Group Corp. (the "Company") announced that it has begun planning for the succession of the Company's Chief Executive Officer ("CEO") and director, Stephen Cooper. The Company expects the transition to happen by the end of 2023. Mr. Cooper has served as CEO since 2011, and will continue to serve as CEO and director until his replacement is appointed.
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