There’s a change on Warner Music Group‘s board: 25-year-old Valentin (Val) Blavatnik is in as a board director, as Alex Blavatnik stands down.
Val Blavatnik joins fellow WMG board members including Michael Lynton (Chairman), Len Blavatnik (Vice Chairman), plus Lincoln Benet, Mathias Döpfner, Nancy Dubuc, Noreena Hertz, Ynon Kreiz, Ceci Kurzman, Robert Kyncl, and Donald A. Wagner.
He has also been appointed to WMG’s Executive Committee.
Alex Blavatnik has served as a director of WMG since July 2011, when Access Industries completed its acquisition of the company. In an SEC filing today (April 27), WMG made clear to investors: “Alex Blavatnik’s decision to resign from the board was not the result of any disagreement with the company or the board.”
Since 2021, Val Blavatnik has served on the investment team at LionTree, focused on the media and technology industries.
Since 2020, he has also been a production executive at Eden Productions, a TV and film production company founded by Richard Plepler.
In addition, he is a member of the Executive Committee at Access Industries.
From 2016 to 2019, Blavatnik worked in the music industry, primarily as an artist manager.
He’s also a credited co-songwriter on tracks such as I’ve Been Waiting by Lil Peep & ILoveMakonnen, plus Post Malone’s Goodbyes.
Michael Lynton, WMG’s Chairman of the Board, said: “We’re pleased to welcome Val to the WMG Board. His experience working with a variety of companies as well as directly with artists makes him well-suited to his new post. He’ll also bring a fresh perspective as we chart the future of WMG. We’re incredibly grateful to Alex for his wisdom, guidance, and enthusiasm over the past 12 years, as the company has grown and thrived in the streaming era.”
Val Blavatnik said: “I’m excited to be joining the Board during this dynamic, transformational time at WMG, with so many innovative opportunities ahead for artists and songwriters. I’ve previously worked on artist projects with the senior team, and I’m looking forward to collaborating with the impressive group of leaders on the Board.”
Since its founding in 2020, Val Blavatnik – son of Len – has served on the Board of Directors of the Warner Music Group/Blavatnik Family Foundation Social Justice Fund, which supports organizations working in historically underserved and marginalized communities.
Blavatnik graduated cum laude with a BA in Cinematic Arts from the University of Southern California. He is the son of Access Industries Founder & Chairman, Sir Leonard Blavatnik.Music Business Worldwide
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
