HECTOR ALMAGUER APPOINTED SENIOR VICE PRESIDENT OF BUSINESS AND LEGAL AFFAIRS FOR UNIVERSAL MUSIC LATIN AMERICA
Miami, Florida, October 1, 2007 – Hector Almaguer has been named Senior Vice President of Business and Legal Affairs for Universal Music Latin America, it was announced today by Jesus Lopez, Chairman and CEO of Latin America and Iberian Peninsula.
“We are delighted to have an executive of Hector’s caliber join the Universal Music family,” stated Mr. Lopez. “He possesses a real track record of success, and we’re looking forward to his immediate contributions.”
Mr. Almaguer joins Universal Music from Fox Latin America where he served as Director of Business and Legal Affairs. Prior to Fox, he served as a lawyer in private practice, with clients mainly from the entertainment industry. His background also includes a number of Business Affairs positions with Miami-based music companies. Additionally, he is a musician, producer and songwriter. Mr. Almaguer holds a Bachelor in Studio Music & Jazz from the University of Miami School of Music, and a Juris Doctor from the University of Miami School of Law. He is a member of the Florida BAR and a voting member of National Academy for Recording Arts and Sciences (NARAS), as well as an active participant in a number of other industry-related oganizations.
Also being announced is the departure of Tere Batista, who served in a similar capacity. “It was not easy to see Tere Batista leave this post after many years of working together,” added Mr. Lopez. “But we respect her decision to spend more time with her family, are thankful for her many contributions, and wish her all the best.”
Universal Music Latin America is a division of Universal Music Group, the world’s leading music company with wholly owned record operations or licensees in 77 countries. Its businesses also include Universal Music Publishing Group, the industry’s largest global music publishing operation.
Universal Music Group consists of record labels Decca Label Group, Deutsche Gramophone, Interscope Geffen A&M Records, Geffen Records, Island Def Jam Music Group, Lost Highway Records, MCA Nashville, Mercury Nashville, Mercury Records, Philips, Polydor Records, Universal Music Latino, Universal Motown Records Group, Universal South Records 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, and Universal Music Mobile.
Universal Music Group is a unit of Vivendi, a global media and communications company.