EMI rejigs global structure as further profit warning issued
Saturday, Feb 16th 2002 at 12:00AMEMI is undertaking a global overhaul of its management structure by putting in place a single executive to run all of its music operations in each territory.
The move, which mirrors the elevation of Tony Wadsworth last month to run both EMI and Virgin in the UK, began across Europe at the end of last week when Virgin Records Germany president Udo Lange assumed the additional responsibility of EMI Electrola. He will now head a company renamed Capitol Records Germany.
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