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Music Industry 18 August, 2005

Matt Signore Named Chief Financial Officer at WEA Corp.

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NEW YORK (WMG) - WEA Corp., Warner Music Group's U.S. sales and retail marketing company, today announced Matt Signore has joined the company as Chief Financial Officer (CFO). Signore will be based in New York and report to WEA Corp.'s President and Chief Executive Officer, John Esposito.

Signore replaces Gillian Kellie, WEA's former CFO, who has been appointed to the newly created position, Senior Vice President, Finance at WMG corporate.

Signore has more than 14 years of financial management experience in the music industry. Most recently, Signore served as the CFO and General Manager of Island Def Jam (IDJ). Prior to IDJ, he served in various senior finance positions at Island Records.

"I am very excited to have Matt come aboard at WEA to oversee all aspects of the company's financial planning and forecasting," said Esposito. "I've known Matt for over 10 years. Having worked with him for many of those years, I know he will be a fantastic strategic partner for me and for all of WEA. With his lengthy background in the music industry and his appreciation for music, Matt is the perfect individual to take the financial reins at WEA."

"John Esposito has been a mentor and a friend throughout my career in the music business," said Signore. "I am honored to have the opportunity to join the exceptional team of executives at WEA and the Warner Music Group."

0 or Jan Baldyga at ZPAV, [email protected] tel: + 48 (22) 625 69 66






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