Business News Industry People Labels & Publishers

Virgin Records president steps down

By | Published on Monday 4 April 2011

EMI

Shabs Jobanputra has stepped down as UK President of Virgin Records, after less than two years heading up the EMI division. As previously reported, Jobanputra took on the top job at Virgin in May 2009 having previously headed up Relentless, the indie label he founded in 1999 but which became part of the EMI family in 2003. It’s thought he is parting on amicable terms, and will presumably return to his Media Village Group of music and media companies, which remained independent throughout.

Elsewhere in EMI news, the major has announced the appointment of Robert C Wright to the board of its holding company EMI Group Global Ltd. A former CEO at NBC Universal and current board member of GE, Wright will, says Citigroup exec and EMI Group Global Chair Stephen Volk, bring experience and insights from running a media company to the table.

EMI CEO Roger Faxon commented: “Robert’s deep understanding of the challenges and opportunities facing media, and his demonstrated success at building a business that combined the best of creativity, technological acumen and business discipline will be invaluable to EMI as we move forward”.



READ MORE ABOUT: |