Max Hole Steps Down As UMGI-CEO

Max Hole

Max Hole CBE is stepping down from his role as Chairman and Chief Executive of Universal Music Group International (UMGI), effective immediately, according to
musicbusinessworldwide.com.

In January, Hole contracted encephalitis, as a result of which he has suffered some memory loss.

While he is said to be making progress towards a recovery, a full resumption of his responsibilities is not possible at this time, said UMG.

Hole and UMG ‘will discuss projects in which Max will have continuing involvement’.

Hole said, “I have loved working at Universal, the best record company in the world. Lucian is an extraordinary person, both an exceptional creative and business executive for whom I have great affection.

Hole joined UMGI in 1998 as Senior Vice President, Marketing and A&R. In 2004, he was promoted to Executive Vice President and subsequently added responsibility for Digital, Strategic Marketing and Commercial Affairs, as well as Asia Pacific and Nordic/Central/Eastern Europe. He was appointed COO of UMGI in 2010 and in 2013 was appointed Chairman and CEO of UMGI.

Hole began his music industry career as an independent artist manager and record producer. In 1982, he joined Warner Music UK as A&R Manager, rising to Managing Director of WEA Records and, in 1990, founding Managing Director of East West Records.

During his 16 years at the company, he was involved with such successful artists as Simply Red, Tori Amos, Pretenders, Sisters of Mercy, Chris Rea and the Corrs, among many others.