Entertainment
Warner Music Taps Rival CEO’s Son to Lead Its Atlantic Unit
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Warner Music Group Corp. is reshuffling its executive ranks, naming Elliot Grainge the chief executive officer of its Atlantic Music Group reporting to Warner CEO Robert Kyncl.
As part of the reorganization, Max Lousada, who heads the company’s recorded music division, will step down at the end of the fiscal year in September. He will remain an adviser through Jan. 31, the company said in a statement Thursday.