Nancy Dubuc Joins Warner Music Group Board of Directors
July 13 2021 - 3:00PM
Warner Music Group Corp. (“WMG”) today announced the election of
Nancy Dubuc to the company’s board of directors, including being
named chairperson of the Audit Committee and a member of the
Executive Committee, effective today.
At the same time, Thomas H. Lee 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 his 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,
the largest independent youth media company. Since joining VICE in
2018, she has directed the expansion and cultural transformation of
the company’s global businesses. Prior to joining VICE, Dubuc
served as President and Chief Executive Officer of A+E Networks. In
the course of her career, she has built a reputation as an
inspiring creative with a history of outstanding success in
innovative programming. She has been named to Fortune’s list of the
50 Most Powerful Women in Business, The Hollywood Reporter’s annual
Power 100, and Vanity Fair’s New Establishment list. She also
currently serves on the board of directors of Vice Media LLC and
Flutter Entertainment PLC.
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.”
Nancy Dubuc noted: “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.”
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.”
About Warner Music GroupWith a legacy extending
back over 200 years, Warner Music Group (WMG) today brings together
artists, songwriters, and entrepreneurs that are moving
entertainment culture across the globe. Operating in more than 70
countries through a network of affiliates and licensees, WMG’s
Recorded Music division includes renowned labels such as Asylum,
Atlantic, Big Beat, Canvasback, Elektra, Erato, First Night, Fueled
by Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire,
Spinnin’, Warner Records, Warner Classics and Warner Music
Nashville. WMG’s music publishing arm, Warner Chappell Music, has a
catalog of over 1 million copyrights spanning every musical genre,
from the standards of the Great American Songbook to the biggest
hits of the 21st century. Warner Music Group is also home to ADA,
the independent artist and label services company, as well as
consumer brands such as Songkick, the live music app; EMP, the
merchandise e-tailer; and UPROXX, the youth culture destination.
Follow WMG on Instagram, Twitter, LinkedIn, and Facebook.
Media ContactJames
StevenJames.Steven@wmg.com
Investor Relations ContactKareem
ChinKareem.Chin@wmg.com
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