French media-to-telecoms conglomerate Vivendi SA (VIV.FR) Wednesday said Lucian Grainge has been appointed chairman and chief executive officer of Universal Music Group.

MAIN FACTS:

- Grainge formerly served as CEO of UMG. He continues to report to Jean-Bernard Levy, CEO of Vivendi and serves as a member of the Vivendi management board, the company said in a statement.

- By Paris Bureau, Dow Jones Newswires; +331-4017-1740; paris@priority.emea.dowjones.com