EMI APPOINTS DAVID J LONDONER AS NON-EXECUTIVE DIRECTOR
LONDON , 13 MAY 2003 -
EMI Group plc has appointed David J Londoner as a non-executive director.
Mr Londoner spent most of his professional life with Schroder & Co Inc and its
predecessors, where he became a managing director and built one of the leading
media/entertainment research groups on Wall Street. He subsequently held a
similar post at ABN AMRO. He is currently the general partner of The North
River Company, a family investment partnership.
Eric Nicoli, chairman of EMI Group, said: "We are delighted that David Londoner
has agreed to join the Board. He has an encyclopaedic knowledge of the global
media and entertainment industry and his vast experience in the North American
investment community will add an important dimension to the Board's strategic
"The Board has an on-going commitment to ensuring the highest standards of
corporate governance and David is a welcome addition to our high quality
non-executive team. His impressive powers of analysis and his public commitment
to improving accounting standards and transparency will further strengthen our
performance in this important area of our responsibilities."
David J Londoner is the general partner of The North River Company, a family
He spent the majority of his professional life at Schroder & Co Inc, joining
the predecessor firm, Wertheim & Co, in 1972 and leaving when Schroder was sold
in 2000. A managing director, he built and managed one of the leading media/
entertainment research groups on Wall Street. Subsequently he held a similar
position at ABN AMRO, leaving in 2001.
He is recognised for calling major economic turning points in the broadcasting
and motion picture industries, and was a driving force behind changing the
accounting rules for motion picture and television production companies.
Mr Londoner is a Chartered Financial Analyst; he holds a BA in economics from
Columbia College and a masters degree in finance from Columbia Business School.
A native New Yorker, he is a member of the board of directors of Meredith Corp
and of the New York Futures Exchange, and he is a Trustee of the American
Museum of the Moving Image.
EMI Group plc
Amanda Conroy, Senior VP, Corporate Communications +44 20 7667 3216
Siobhan Turner, Vice President, Investor Relations +44 20 7667 3235
Brunswick Group Limited
Patrick Handley +44 20 7404 5959