The executive gets a promotion within the company and a multimillion-dollar investment in his Artist Partners Group.

It's no accident that Mike Caren's job titles at Warner Music Group -- "president of global A&R" and now "creative officer" -- are so vague. The executive takes a holistic approach to A&R, whether collaborating on songwriting and production with artists like Beyoncé ("Ring Off"), Kanye West ("Hell of a Life") and David Guetta ("Where Them Girls At"); signing artists and overseeing their recordings; or helping them get their businesses off the ground under the umbrella of his company, Artist Partners Group.

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