EMI have announced Robert Flax will step down as Vice Chairman of its publishing company, following the previously reported departure of co-CEO Marty Bandier and the appointment of the other co-CEO Roger Faxon as sole CEO.
Flax, who has been with EMI Music Publishing since 1992, and who became Vice Chairman just last year, says that the changes at the top of the publishing firm did not influence his decision to leave the company, telling reporters: "Our mutual respect for each other enabled Roger Faxon and I to openly discuss my desire to pursue new directions. I'm quite proud of all I've been able to accomplish at EMI and I am sure that our paths will cross in the future".
Faxon added: "Bob has been instrumental over the years in helping to make EMI Music Publishing the great company it is today. He has been an innovative leader and we are saddened to see him go. We know he will be successful in his future endeavors".
It is unclear what plans Flax now has, although he is an accomplished musician, producer and songwriter in his own right, having written five chart hits in the seventies, so he may well look to pursue more creative projects.