Max Lousada is new Warner CEO, Recorded Music worldwide

Max Lousada is new Warner CEO, Recorded Music worldwide

Max Lousada, one of the UK's most respected major music executives, has been promoted to the global top tier of Warner Music Group: from his current position of Chairman & CEO of Warner Music UK, he is officially becoming CEO, Recorded Music for Warner Music Group (from October 1).

Lousada will split his time between London and New York, while overseeing all of Warner's recorded music teams - including Atlantic, Warner Bros., Parlophone, Warner Music Nashville, Global Catalog/Rhino and Warner Classics, as well as WMG's international Recorded Music affiliates and WMG’s Artist & Label Services divisions, WEA and ADA.

He will reporting to WMG CEO Steve Cooper and will continue to lead Warner Music UK alongside his new worldwide responsibilities. Lousada is Warner Music Group's first dedicated CEO of recorded music since Lyor Cohen, who left the major in 2012. The confirmation of Lousada's new deal puts an end to any speculation that he may leave Warner for a rival major music company. The exec is rumored to have been on Sony Music CEO Rob Stringer's shortlist as a potential new boss of Columbia Records in New York.