EMI Announces New CEO – Press Release

TELL US WHAT YOU THINK OF THIS APPOINTMENT.  I’ll share the best as well as my opinions in a special post.

"EMI is delighted to announce the appointment of Elio Leoni-Sceti as Chief Executive  of its recorded music division, EMI Music.

Mr Leoni-Sceti joins from Reckitt Benckiser, the FTSE30 consumer brand company,  where he has been Executive Vice President, Europe….

His stellar 16 year career with  Reckitt Benckiser has seen him lead
some outstanding brand successes and business  turnarounds in the
United States and across Europe. Under Elio’s tenure as Global  Head of
Category (2001-05), the company strengthened its recognised leadership
in  product innovation and global branding, while creating a new
culture of integrated  media and communication. In the last two years,
as Head of Europe, Elio accelerated  business growth in Europe, and
built a stronger competitive position for its major  brands.

Guy Hands said:

“I am delighted that Elio is joining as Chief Executive of EMI Music to lead the most  exciting business transformation in the music industry. His career achievements and  outstanding leadership qualities are ideally suited to ensuring that EMI is a successful  business.  Elio has the passion, drive and belief in the future of the music industry to  realise the ambitions we all have for EMI. Having completed the organisational  restructuring at the end of June and finalised our strategic work, Elio joins at the right  time to shape, drive and lead EMI to become the world’s most artist focused and  consumer friendly music company. With Elio’s arrival as Chief Executive, I will be  stepping back to become Non Executive Chairman of EMI. I would like to thank all  our artists, staff and business partners for their continuing support and hard work to  effect the changes underway and the positive results being achieved.”

Elio Leoni-Sceti said:

“This is a hugely exciting time for the music business and for EMI.  EMI is the  world’s longest established music company operating in over 40 markets globally  with a roster of some of the most successful artists in the world. They range from long  established names such as The Beatles, Pink Floyd, Queen and The Beach Boys to  contemporary singers such as Kylie Minogue, Lily Allen and Norah Jones. Its current  successes include Coldplay and Katy Perry topping both the UK and US charts. The  potential that can be realised in this industry is massive, music consumption is  growing more than ever across the world and I cannot wait to get started and to  working with EMI’s artists and employees.”

(BIOGRAPHY)

Mr Leoni-Sceti, 42, was born and educated in Rome and started his career in 1988 as  a brand manager at Procter & Gamble before moving to Reckitt Benckiser in 1992 as  a category manager.  For the last seven years, he has been an Executive Vice  President at Reckitt Benckiser and a key player in the growth of the company.  From  2001 to 2005, he was Head of Category Development, leading the company’s  innovation, product pipeline, global marketing and media and, since 2005, he has  been Reckitt Benckiser’s Head of Europe, a £3 billion business which has seen  outstanding levels of growth under his leadership.  He is married with four children."