Capitol exec McCarthy quits

Veteran financial executive Neil McCarthy unexpectedly resigned his position Thursday with Capitol Records, three months after coming aboard.

McCarthy, who was named an executive VP at Capitol in February after stints at Orion Pictures and the Walt Disney Co., was responsible for the label’s business affairs, finance and administration/operations departments. He was widely viewed as EMI Records Group North America chairman Charles Koppelman’s eye on the label’s financial scene.

His departure should solidify the stature of fellow Capitol VP Art Jaeger, who had exclusive responsibility for financial affairs before McCarthy’s arrival.

McCarthy was in New York and could not be reached for comment. An EMI spokesman confirmed the resignation but offered no further comment.

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0


    Leave a Reply

    No Comments

    Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

    Fill in your details below or click an icon to log in: Logo

    You are commenting using your account. Log Out / Change )

    Twitter picture

    You are commenting using your Twitter account. Log Out / Change )

    Facebook photo

    You are commenting using your Facebook account. Log Out / Change )

    Google+ photo

    You are commenting using your Google+ account. Log Out / Change )

    Connecting to %s

    More Music News from Variety