Three other high-level employees are also exiting the major alongside the European and International Marketing CEO, as the firm's recorded music business restructures across the globe.

Mike Saunter (International CFO), Eric Daugan (SVP, Commercial Strategy) and Isabel Garvey, (SVP, Commercial Channels & Consumer Marketing) are all leaving.

Accordingly, Lyor Cohen (Chairman & CEO, Recorded Music) will now have direct oversight of North America, UK, Germany and France - adding to his worldwide responsibilities.

Inigo Zabala will now oversee Spain as ...