Ceci Kurzman has been elected to Warner Music Group’s board of directors, including the nominating and corporate governance committee, effective Oct. 1.
Kurzman, who is the first WMG board appointment since the company went public in June, is the founder of Nexus Management Group, a former talent management and current investment company where she has worked with brands and superstar artists including Shakira and Alicia Keys.
In a move announced as being consistent with WMG best practices, it was determined that the only management member of the board should be WMG CEO Steve Cooper — leading WMG global CEO of recorded music Max Lousada to step down. The board will remain at 11 members.
Prior to founding Nexus, Kurzman worked as director of artist development and special projects at Arista Records and as vp of worldwide marketing at Epic/Sony Music. She currently serves on several other boards of directors, including on the audit committee and compensation committee at Revlon and at Man Group plc and Cirque du Soleil Entertainment Group.
Notably, Kurzman is the only person of color and just the second woman on the board of directors at WMG, which faced criticism earlier this year when, out of 18 total executives and board members listed in its initial public offering, zero people of color and just four women were represented. In light of this, Kurzman — who is noted for mentoring young female executives and advocating for diversity in executive suites and boardrooms — is a timely choice.
“Music already has unprecedented reach and impact across the globe, and every day the opportunities grow more dynamic, disruptive, and ubiquitous,” said Kurzman in a release. “Warner is uniquely positioned in this exciting environment, with an extraordinary roster of artists and songwriters, backed by a forward-thinking leadership team across both recorded music and music publishing. I’m looking forward to working with my new colleagues on the WMG Board to help the company innovate and achieve its ambitious vision.”
Added WMG board vice chairman Leonard Blavatnik, founder and chairman of Access Industries, “Ceci’s expertise in developing the careers of artists, combined with her work as an entrepreneur and investor, will make her a great addition to our exceptional group of advisors. Max is playing an integral role in the current success and future of Warner Music Group, and he’ll continue to be an influential voice in our Board discussions.”
“I’m happy to welcome Ceci and her valuable perspective to the world of WMG, and look forward to working with her, Len, Steve, and the rest of the Board, as we continue to pioneer big, bold opportunities for artists and accelerate our investments in new talent, territories, and technology,” added Lousada.