US EditionUNIVERSAL MUSIC GROUP APPOINTS MATT ELLIS AS CHIEF FINANCIAL OFFICER
- Universal Music Group announced on May 12, 2025, in Santa Monica that Matt Ellis will become its chief financial officer effective June 9.
- Matt Ellis replaces Boyd Muir, who moved to chief operating officer in October 2024, following Ellis's decade-long CFO role at Verizon Communications.
- Ellis brings extensive financial expertise from Verizon, where he managed over $100 billion in debt and led key capital allocation and M&A activities.
- Sir Lucian Grainge emphasized that UMG aimed to appoint an executive possessing extensive international perspective and strong financial expertise spanning industries such as media, technology, and consumer goods to drive the company’s growth.
- Ellis will help UMG achieve ambitious commercial and financial goals while Muir will accelerate strategic growth initiatives as COO, positioning UMG for continued expansion.
19 Articles
19 Articles
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Universal Music Group Names Matt Ellis Chief Financial Officer
Universal Music Group has named Matt Ellis as its new chief financial officer, effective June 9. Based in Santa Monica, he will be responsible for leading UMG’s global financial operations and will report to UMG chairman/ CEO Lucian Grainge. Most recently, Ellis served as executive vice president and CFO at Verizon Communications, where he led all finance activities. […]
Matt Ellis Named New CFO of Universal Music Group as Company Eyes Strategic Growth - Now Then Digital
Universal Music Group (UMG), the world’s leading music-based entertainment company, has named seasoned financial executive Matt Ellis as its new chief financial officer, effective 9 June. In a statement issued on Monday, UMG confirmed that Ellis will be based at its global headquarters in Santa Monica and report directly to chairman and chief executive, Sir Lucian Grainge. His appointment comes at a time when the company continues to evolve beyo…
UMG appoints Matt Ellis as new CFO
Universal Music Group (UMG) has appointed respected global finance executive Matt Ellis as its new chief financial officer (CFO), effective 9 June. Based in Santa Monica, Ellis will be responsible for leading UMG’s global financial operations and will report to the company’s chairman and CEO, Sir Lucian Grainge. Most recently, Ellis served as executive vice president and CFO at Verizon Communications, where he oversaw all finance-related activit…
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