Matt Ellis
Matt Ellis Named as Universal Music Group’s Chief Financial Officer
Former Verizon CFO Brings Deep Financial Expertise to UMG Leadership
Highly regarded global finance executive Matt Ellis has been named as Universal Music Group's (UMG) Chief Financial Officer, effective June 9.
Why it matters:
Ellis will be based in Santa Monica, and report directly to UMG Chairman/CEO Sir Lucian Grainge.
Most recently, Ellis served as Executive Vice President and CFO at Verizon Communications, leading all finance activities.
Ellis succeeds Boyd Muir, who was promoted to Chief Operating Officer of UMG in October 2024 but continued in the CFO role during the search for his replacement.
Ellis's appointment will free up Muir to focus on "a range of strategic growth initiatives", while supporting Grainge in "the day-to-day management of many of our global corporate and divisional functions".
What they said:
Grainge: "We wanted to find the right executive who brings a global worldview and deep financial expertise across a range of industries including media, technology and consumer goods".
Ellis: "I am incredibly excited to join UMG at this time and help the team deliver the ambitious commercial and financial goals that they have outlined".
Highly regarded global finance executive Matt Ellis has been named as Universal Music Group's (UMG) Chief Financial Officer, effective June 9.
Why it matters:
Ellis will be based in Santa Monica, and report directly to UMG Chairman/CEO Sir Lucian Grainge.
Most recently, Ellis served as Executive Vice President and CFO at Verizon Communications, leading all finance activities.
Ellis succeeds Boyd Muir, who was promoted to Chief Operating Officer of UMG in October 2024 but continued in the CFO role during the search for his replacement.
Ellis's appointment will free up Muir to focus on "a range of strategic growth initiatives", while supporting Grainge in "the day-to-day management of many of our global corporate and divisional functions".
What they said:
Grainge: "We wanted to find the right executive who brings a global worldview and deep financial expertise across a range of industries including media, technology and consumer goods".
Ellis: "I am incredibly excited to join UMG at this time and help the team deliver the ambitious commercial and financial goals that they have outlined".
Highly regarded global finance executive Matt Ellis has been named as Universal Music Group's (UMG) Chief Financial Officer, effective June 9.
Why it matters:
Ellis will be based in Santa Monica, and report directly to UMG Chairman/CEO Sir Lucian Grainge.
Most recently, Ellis served as Executive Vice President and CFO at Verizon Communications, leading all finance activities.
Ellis succeeds Boyd Muir, who was promoted to Chief Operating Officer of UMG in October 2024 but continued in the CFO role during the search for his replacement.
Ellis's appointment will free up Muir to focus on "a range of strategic growth initiatives", while supporting Grainge in "the day-to-day management of many of our global corporate and divisional functions".
What they said:
Grainge: "We wanted to find the right executive who brings a global worldview and deep financial expertise across a range of industries including media, technology and consumer goods".
Ellis: "I am incredibly excited to join UMG at this time and help the team deliver the ambitious commercial and financial goals that they have outlined".
👋 Disclosures & Transparency Block
This article was selected by the author based on their judgement that it would be interesting to readers.
📨 Subscribe to NIF
Get news dropped in your inbox 👇
📨 Subscribe to NIF
Get news dropped in your inbox 👇
Related Articles
Careers & People
Oct 23, 2025
1 min read
Bamboo Artists Appoints Rehan Manickam Director of A&R, US
The Germany headquartered company is expanding its North American presence
Careers & People
Oct 22, 2025
1 min read
Blaze James Launches Artist Management Company The Fellowship
Roster includes Coheed and Cambria, Militarie Gun, Failure and more
Careers & People
Oct 21, 2025
1 min read
Roger de Graaf Launches Fluent Music Group
The exec previously co-founded Spinnin’ Records
Bamboo Artists Appoints Rehan Manickam Director of A&R, US
The Germany headquartered company is expanding its North American presence
Rod Yates
Careers
Oct 23, 2025
Blaze James Launches Artist Management Company The Fellowship
Roster includes Coheed and Cambria, Militarie Gun, Failure and more
Rod Yates
Careers
Oct 22, 2025
Roger de Graaf Launches Fluent Music Group
The exec previously co-founded Spinnin’ Records
Rod Yates
Careers
Oct 21, 2025
UK Music Rights Organization PPL Names Richard James Burgess as Chair
The previous chair, John Smith, is stepping down after a decade in the position
Harry Levin
Careers
Oct 21, 2025
Karma Artists Announces Senior Appointments
Signals an expansion of the UK company’s leadership
Rod Yates
Careers
Oct 20, 2025
Hannah Carlen Appointed VP of Marketing and Comms at Nonesuch
The industry veteran joins the label’s top management team
Rod Yates
Careers
Oct 17, 2025
