The appointment was announced by Universal Music Group chairman and CEO Lucian Grainge and will see Horowitz move from his position as president and chief operating officer at UMG to take on the new role.

"Zach's appointment to lead UMPG is testament to how important publishing is to my plans for UMG's future," said Grainge in a statement.

"For nearly two decades, he has championed the interests of our publishing company and been the key architect of its growth. Now ...