Warner Music Group in a regulatory filing on Wednesday said its longest-tenured chief executive, Steve Cooper, will leave the media company by the end of next year.
Cooper was appointed CEO of the recording label, home to artists including Cardi B and Bruno Mars, in 2011 and is credited with embracing the streaming revolution and investing in global growth.
Over Cooper’s tenure, Warner Music Group’s revenues nearly doubled, to $5.3 billion in fiscal 2021 from $2.9 billion a decade earlier. The company opened offices in more than 20 countries and acquired such labels as Parlophone in London, Qanawat in the Middle East and Africori in Africa….