Vivendi’s Universal Music Group said Wednesday that Max Hole was stepping down from his role as chairman and CEO of Universal Music Group International, effective immediately.
“In January, Max contracted encephalitis, as a result of which he has suffered some memory loss,” the company said. “While he is making progress towards a recovery, a full resumption of his responsibilities is not possible at this time. As Max’s recovery continues, he and the company will discuss projects in which Max will have continuing involvement.”
Online medical dictionaries describe encephalitis as an inflammation of the brain.
The Over/Under: Universal Music Group International’s Max Hole
Hole joined UMGI in 1998 as senior vp, marketing and A&R. In 2004, he was promoted to the role of executive vp and subsequently added responsibility for digital, strategic marketing and commercial affairs, as well as Asia Pacific and Nordic/Central/Eastern Europe. He was appointed COO of UMGI in 2010 and in 2013 was appointed chairman and CEO of UMGI.