SCOTT BELMONT PROMOTED TO EXECUTIVE VICE PRESIDENT & CHIEF INFORMATION OFFICER, UNIVERSAL MUSIC GROUP (UMG)
NEW YORK, New York, August 1, 2005 - Universal Music Group (UMG), the world's leading music company, has promoted Scott Belmont to Executive Vice President and Chief Information Officer, it was announced today by Marinus N. Henny, the company's Vice-Chairman and Chief Financial Officer, to whom Mr. Belmont reports. Formerly, Mr. Belmont served as Senior Vice President of Information Technology.
In this new capacity, Mr. Belmont will be based at UMG's New York City headquarters, and will oversee all aspects of the company's worldwide Information Technology (IT) resources and capabilities. He will also be responsible for worldwide IT strategic planning and initiatives, policies, standards and security. Additionally, Mr. Belmont will serve as a board member of Royalty Services, L.P., a joint venture between UMG, Warner Music, Exigen and Lightspeed Partners, formed to develop and provide core royalty processing services.
"Scott is an outstanding executive with a distinguished track record of running highly efficient, world-class IT operations for complex organizations," stated Mr. Henny. "He will serve as a key leader in enhancing the effectiveness of our IT functions, and will play a significant role in helping us to drive UMG's continued growth."
Since 1998, Mr. Belmont has been responsible for all North American IT activities over a highly transformational period. Along these lines, he was responsible for a significant portion of the worldwide systems integration required by the merger of UMG and PolyGram, and was later tapped to lead key enterprise-wide consumer marketing initiatives for Vivendi Universal as driven by Vivendi's purchase of UMG. Prior to joining UMG, Mr. Belmont worked for Electronic Data Systems Corp (EDS) for 15 years, overseeing a number of systems development and total outsourcing agreements for a variety of EDS' largest customers.
Belmont is a native of Pittsburgh, Pennsylvania, and a graduate of Clarion University of Pennsylvania.
About Universal Music Group
Universal Music Group is the world's largest music company with wholly owned record operations or licensees in 77 countries. Its businesses also include Universal Music Publishing Group, one of the industry's largest global music publishing operations.
Universal Music Group consists of record labels Decca Music Group, Deutsche Grammophon, DreamWorks Nashville, Interscope Geffen A&M Records, Geffen Records, Island Def Jam Music Group, Lost Highway Records, Machete Music, MCA Nashville, Mercury Nashville, Mercury Records, Philips, Polydor Records, Universal Music Latino, Universal Motown Records Group, and Verve Music Group as well as a multitude of record labels owned or distributed by its record company subsidiaries around the world. The Universal Music Group owns the most extensive catalog of music in the industry, which is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.). Universal Music Group also includes eLabs, a new media and technologies division.
Universal Music Group is a unit of Vivendi Universal, a global media and communications company.