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UNIVERSAL MUSIC GROUP APPOINTS MATT ELLIS AS CHIEF FINANCIAL OFFICER
Universal Music Group N.V. (EURONEXT:UMG), the world leader in music-based entertainment, today announced that highly regarded global finance executive Matt Ellis has been named as UMG's Chief Financial Officer, effective June 9. Based in Santa Monica, he will be responsible for leading UMG's global financial operations and will report to UMG's Chairman & CEO, Sir Lucian Grainge. Most recently, Ellis served as Executive Vice President and CFO at Verizon Communications where he led all finance ac
About this update from Universal Music Group N.v.
[{"type":"text","content":"Former Verizon CFO Brings Broad Experience Across Finance, Operations, Corporate Development and Financial Planning ","length":115,"tagName":"p","attribs":{}},{"type":"text","content":"SANTA MONICA, Calif., May 12, 2025 /PRNewswire/ -- Universal Music Group N.V. (EURONEXT:UMG), the world leader in music-based entertainment, today announced that highly regarded global finance executive Matt Ellis has been named as UMG's Chief Financial Officer, effective June 9. Based in Santa Monica, he will be responsible for leading UMG's global financial operations and will report to UMG's Chairman & CEO, Sir Lucian Grainge. Most recently, Ellis served as Executive Vice President and CFO at Verizon Communications where he led all finance activities.","length":598,"tagName":"p"},{"type":"image","alt":"Matt Ellis, Universal Music Group, CFO. Photo: Lisa Rayman Goldfarb Photography / UMG.","displaySize":"","headline":null,"caption":"Matt Ellis, Universal Music Group, CFO. Photo: Lisa Rayman Goldfarb Photography / UMG.","className":"","disableSlideshowImg":false,"size":{"original":{"width":267,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/f909f039bf5885724c08be603b7bff28"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/5_aHwN_QX8JL7zM96ZvwGA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTYyOTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/f909f039bf5885724c08be603b7bff28","width":267,"height":400}},"href":"https://mma.prnewswire.com/media/2685087/Matt_Ellis.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Ellis is a highly experienced executive with an outstanding track record of partnering across businesses to execute strategies that deliver revenue growth and profitability. His significant expertise in both finance and operations leadership includes CFO, Treasury, Financial Planning and Analysis (FP&A), and Corporate Development roles at two Fortune 100 companies, and as a Chartered Accountant in the UK.","length":418,"tagName":"p"},{"type":"text","content":"Ellis succeeds Boyd Muir, who was promoted to the role of Chief Operating Officer of UMG in October 2024. Muir has held the position as UMG's Executive Vice President (EVP), CFO and President of Operations since 2010, and has continued to serve as CFO during the search for his successor.","length":...