LONDON (VIP-NEWS) — Warner Music Group has announced that Christian Tattersfield will step down from his role as CEO, Warner Music UK and co-chairman, Warner Bros. Records UK in February 2014 and that Max Lousada, chairman of Atlantic Records UK, has been named his successor.
Lousada and Tattersfield will work as co-CEOs with immediate effect and will report directly to Stephen Cooper, CEO, WMG. Lousada will combine his new role with his existing responsibilities as chairman, Atlantic Records UK.
Miles Leonard, chairman of Parlophone Records and co-chair of Warner Bros. Records UK, will take full responsibility of Warner Bros. UK following Tattersfield’s departure, reporting to Lousada.
“Christian’s tenure as leader of Warner Music UK has been an extremely impressive one,” Stephen Cooper said in a statement. “As well as guiding the company through on-going commercial success, he has fostered a culture of excellence in artist development that will continue to shape our future,”
Though Tattersfield gave no indication as to his specific plans, in a statement he said, “the time is right for me to focus on the kind of entrepreneurial projects that I have pursued since I started out in the industry.”
Tattersfield was appointed CEO, Warner Music UK and chairman, Warner Bros. Records UK in August 2009, assuming responsibility for the full portfolio of Warner Music’s labels in the UK. Under Tattersfield’s leadership, Warner Music developed successful UK signings such as Ed Sheeran and Lianne La Havas while furthering the careers established UK acts like Muse, Plan B, Paolo Nutini and helping to secure the UK success of US-signed acts such as Bruno Mars, Michael Bublé, Green Day and Linkin Park.
Max Lousada has run Atlantic Records UK since 2004 and built an artist roster that included Plan B, Ed Sheeran, Birdy, Rudimental, Paolo Nutini, James Blunt and others. Lousada also presided over the UK success of Atlantic's international roster which includes acts such Bruno Mars, fun., Paramore, Flo Rida, Jason Mraz and Janelle Monáe.
— According to Billboard