Vivendi: Lucian Grainge Appointed Chairman, CEO Of UMG
March 09 2011 - 12:26PM
Dow Jones News
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