EMI taps Maunder CFO

Music giant finds new financial head

EMI Music has named former Clear Channel exec Tim Maunder as its new chief financial officer. Maunder succeeds Stuart Ells, who was promoted to chief operating officer and regional director for EMI Music in May.

Maunder will start in early January, reporting directly to EMI Music chairman-CEO Alain Levy. As the financial head of an EMI Group division, Maunder will also have a functional reporting line to EMI Group CFO Martin Stewart.

Maunder joins from Clear Channel’s international outdoor division, where he has been chief financial officer since 1998. He was a member of the company’s executive committee.

Maunder, 47, joined Clear Channel (then More O’Ferrall) in June 1992 as finance director of its U.K. business. In 1998, he was appointed chief financial officer of Clear Channel Intl., the international outdoor division of Clear Channel Communications.

Meanwhile, at EMI’s Virgin Records, entertainment lawyer Jeffrey Kempler has been appointed executive vice president of business affairs and development in the U.S.

Kempler, who begins immediately, is based at Virgin’s headquarters in New York and reports directly to Jason Flom, chairman-CEO of Virgin.

Kempler will oversee all of Virgin’s business affairs and business development initiatives and activities. He will work closely with Larry Mestel, chief operating officer and general manager of Virgin Records U.S., and Phil Wild, senior VP of business affairs for the label.

Kempler was most recently general counsel and senior VP, business and legal affairs, for game company Atari. From 2000-04, Kempler was senior veep of business and legal affairs for Universal Music’s Island Def Jam Music Group.

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:

WordPress.com Logo

You are commenting using your WordPress.com 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

Loading