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Lucian Grainge

Report: Doug Morris to Step Down as Universal Music CEO

Authored by Mark Hefflinger on November 3, 2009 - 8:02am.
New York - Universal Music Group chairman and chief executive Doug Morris intends to step down from his CEO role next summer, BusinessWeek reports. The company is reportedly grooming international CEO Lucian Grainge to replace Morris, 71, who is expected to remain chairman of the world's largest record label.
tags: Music | Moves | Universal Music | Doug Morris | Lucian Grainge |