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Universal vice-chair to step down
By CMU Editorial | Published on Tuesday 9 November 2010
Universal Music’s group-wide Vice-Chair and CFO, Nick Henny, will step down after a decade with the major, according to reports.
It is thought Henny is parting on good terms, but has decided to leave before Universal’s new co-CEO, Lucian Grainge, makes his mark at the top with a big reshuffle of senior execs at the world’s biggest music company.
Grainge is expected to promote more of his old team from Universal’s International division as part of the revamp. Indeed, it is thought International’s CFO Boyd Muir will now relocate to the US and take over from Henny.
