MUMBAI: Warner Music Group (WMG) on October 14 announced two senior appointments to expand its management team. The music group continues to enhance its ability to invest in growth opportunities and develop its global infrastructure.

Eric Levin has been appointed as the company's new Executive Vice President and Chief Financial Officer. Levin succeeds Brian Roberts who is moving to a newly created position on WMG's senior management team as Executive Vice President, Corporate Strategy & Operations. Both appointments are effective immediately. Levin and Roberts both report to WMG CEO Steve Cooper and are based in New York.

Levin is a veteran finance executive with more than twenty-five years' experience in the global technology and media sectors. Roberts became WMG's CFO in January 2012, and was a key member of the team that drove the acquisition and integration of Parlophone Label Group (PLG).

Cooper said, "Eric's impressive experience in global commerce and his deep understanding of local markets make him ideal for the CFO position. We are very pleased to have a finance leader of his stature step into this critical role as Brian transitions to his important new responsibilities."

He added, "Brian has done an outstanding job during a period of tremendous change and I am delighted we are able to retain his operational expertise and institutional knowledge as we equip our organisation for long-term success. These two appointments will accelerate the evolution of our worldwide infrastructure, while strengthening our ability to invest in new talent."

Levin said, "I have long admired Warner Music Group for its incredible roster of artistes, as well as its powerful combination of scale and agility. I am delighted to be working with WMG's senior management and finance teams around the world to build a creative and commercial environment where experimentation and entrepreneurialism can flourish."

Roberts said, "I would like to thank Steve for this exciting new opportunity. I am looking forward to helping WMG harness new technologies to provide best-in-class services across all aspects of our business and throughout the world. The more nimble and responsive our global structure, the better the results will be for our labels, artistes and songwriters."

At WMG, Levin is responsible for the company's worldwide financial operations while Roberts' responsibilities include oversight of WEA Corp. (WMG's global artist & label services arm) and Information Technology. As an architect of WMG's corporate global infrastructure, he will identify and implement best practices in worldwide systems, policies and procedures.