EMI Loses Top Managers

15 January 2007

LONDON: EMI hopes the departure of two of its highest-ranking executives, Alain Levy and David Munns, will ease a restructuring of the ailing music company.

Music division ceo Levy and vice-chairman Munns are leaving as a profits warning was due to be issued and a reorganization of the business unveiled by executive chairman Eric Nicoli.

Data sourced from Financial Times online; additional content by WARC staff