EMI's worldwide restructuring is claiming two top Greek executives. Miltos Karadsas exited today (April 8) as managing director of Athens-based Minos-EMI Greece. He has not been replaced.

EMI's worldwide restructuring is claiming two top Greek executives.

Miltos Karadsas exited today (April 8) as managing director of Athens-based Minos-EMI Greece. He has not been replaced. Karadsas calls his departure a "friendly divorce," claiming his decision came as a result of disagreement over management issues with EMI headquarters in Europe. He joined EMI's Greek division in 2001.

Meanwhile, at Virgin Records Greece, Yiannis Petridis has exited after 20 years as MD. Petridis had held the post since Virgin first opened offices in Greece in 1983. A local radio veteran, Petridis says he will pursue his radio and writing interests.

Both Karadsas and Petridis reported to Makis Matsas, president of EMI Recorded Music Greece. Matsas was not available for comment.

Minos-EMI is the market leader in Greece. Sources say EMI's Greek division is expected to lose 30 employees as part of the company's global restructuring.