She takes on newly created position.

Carol Lipkin has been promoted to the newly-created post of CFO, BMG Music Publishing Worldwide.

Based in New York, Lipkin will continue to oversee all finance and administration activities for the publisher's worldwide businesses including copyright and royalty operations. She continues to report directly to chairman/CEO Nicholas Firth.

“Carol has been an integral part of BMG Music Publishing’s management team since our inception,” says Firth. “She has been instrumental in the more than 240 acquisitions which the company has made since 1987 and in establishing our administrative procedures worldwide.”

Lipkin joined BMG after a successful career at CBS Songs. Prior to CBS, she was at Ernst & Whinney.