p2pnet news view Music:- EMI owner Guy Hands has resigned as CEO.
But he’ll, retain the roles of chief investment officer and the chairmanship of the company, says The Independent.
Hands, “wanted to focus on running the private equity firm’s companies which include troubled EMI and dealing with its investors,” says the story, going on:
“Tim Pryce, who will assume the role of chief executive, is another founder member of Terra Firma. He worked with Mr Hands at Nomura, and is a member of the group’s investment advisory and remuneration committees as well as general counsel.”
The Independent – Hands resigns from top job at Terra Firma, March 18, 2009
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