There’s a change on Warner Music Group‘s board: 25-year-old Valentin (Val) Blavatnik is in as a board director, as Alex Blavatnik stands down.
Val Blavatnik joins fellow WMG board members together with Michael Lynton (Chairman), Len Blavatnik (Vice Chairman), plus Lincoln Benet, Mathias Döpfner, Nancy Dubuc, Noreena Hertz, Ynon Kreiz, Ceci Kurzman, Robert Kyncl, and Donald A. Wagner.
He has additionally been appointed to WMG’s Govt Committee.
Alex Blavatnik has served as a director of WMG since July 2011, when Entry Industries accomplished its acquisition of the corporate. In an SEC filing at this time (April 27), WMG made clear to buyers: “Alex Blavatnik’s resolution to resign from the board was not the results of any disagreement with the corporate or the board.”
Since 2021, Val Blavatnik has served on the funding crew at LionTree, targeted on the media and know-how industries.
Since 2020, he has additionally been a manufacturing govt at Eden Productions, a TV and movie manufacturing firm based by Richard Plepler.
As well as, he’s a member of the Govt Committee at Entry Industries.
From 2016 to 2019, Blavatnik labored within the music business, primarily as an artist supervisor.
Michael Lynton, WMG’s Chairman of the Board, stated: “We’re happy to welcome Val to the WMG Board. His expertise working with quite a lot of firms in addition to instantly with artists makes him well-suited to his new publish. He’ll additionally carry a contemporary perspective as we chart the way forward for WMG. We’re extremely grateful to Alex for his knowledge, steering, and enthusiasm over the previous 12 years, as the corporate has grown and thrived within the streaming period.”
Val Blavatnik stated: “I’m excited to be becoming a member of the Board throughout this dynamic, transformational time at WMG, with so many revolutionary alternatives forward for artists and songwriters. I’ve beforehand labored on artist initiatives with the senior crew, and I’m wanting ahead to collaborating with the spectacular group of leaders on the Board.”
Since its founding in 2020, Val Blavatnik – son of Len – has served on the Board of Administrators of the Warner Music Group/Blavatnik Household Basis Social Justice Fund, which helps organizations working in traditionally underserved and marginalized communities.
Blavatnik graduated cum laude with a BA in Cinematic Arts from the College of Southern California. He’s the son of Entry Industries Founder & Chairman, Sir Leonard Blavatnik.Music Enterprise Worldwide