US Edition
UNIVERSAL MUSIC GROUP APPOINTS MATT ELLIS AS CHIEF FINANCIAL OFFICER
- Universal Music Group announced that Matt Ellis will assume the role of chief financial officer starting June 9, 2025. He will be based in Santa Monica and report directly to CEO Lucian Grainge.
- Ellis takes over the CFO position from Boyd Muir, who advanced to chief operating officer in October 2024 to concentrate on strategic growth and managing corporate operations.
- Ellis has over ten years of CFO experience at Verizon Communications, where he managed a $100+ billion debt portfolio and led major capital allocation and M&A activities.
- Grainge emphasized the importance of appointing an executive with extensive financial knowledge and experience spanning various sectors such as media, technology, and consumer goods, underscoring Ellis’s diverse background.
- Ellis expressed excitement to join UMG and aims to help deliver the company's ambitious commercial and financial goals as it expands in music entertainment.
20 Articles
20 Articles
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Universal Music Group Names Matt Ellis Chief Financial Officer
Universal Music Group has named Matt Ellis as its new chief financial officer, effective June 9. Based in Santa Monica, he will be responsible for leading UMG’s global financial operations and will report to UMG chairman/ CEO Lucian Grainge. Most recently, Ellis served as executive vice president and CFO at Verizon Communications, where he led all finance activities. […]
Matt Ellis Named New CFO of Universal Music Group as Company Eyes Strategic Growth - Now Then Digital
Universal Music Group (UMG), the world’s leading music-based entertainment company, has named seasoned financial executive Matt Ellis as its new chief financial officer, effective 9 June. In a statement issued on Monday, UMG confirmed that Ellis will be based at its global headquarters in Santa Monica and report directly to chairman and chief executive, Sir Lucian Grainge. His appointment comes at a time when the company continues to evolve beyo…
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