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Universal Music Group CFO Boyd Muir Promoted to COO
Universal Music Group CFO Boyd Muir has been promoted to COO, it was announced on the company's Q3 earnings call Thursday (Oct. 31).
“Boyd’s done an outstanding job leading the company’s financial and operational functions for a period of unprecedented growth and change over this over the last 2025 years,” CEO Lucian Grainge said during UMG’s earnings call. Now, three years after UMG’s spin-off from Vivendi into a public company, “it’s important that Boyd be able to fully focus on overseeing some of our key operational and strategic functions,” he added. Elaborating on the new role, Muir said he will support Grainge as UMG executives implement the strategic initiatives the company laid out in its Capital Markets Day presentation in September.
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