Sir Lucian Grainge, Universal Music Group’s (UMG) Chairman and CEO, has been named No. 1 on Billboard’s 2022 Power List, a list of the most influential executives in music.
After a break in 2021, Billboard’s Power List returns this year, and with his top ranking, Grainge leads the magazine’s annual list for a record fifth time. In 2020, Grainge was the first executive ever appointed “Executive of the Decade,” having previously appeared at No. 1 on the Billboard Power 100 in 2013, 2015, 2016 and 2019. He is still the only executive to appear at No. 1 more than once and in consecutive years.
In presenting the award to Grainge, Billboard reflected on his leadership of Universal Music Group’s historic debut as a public company, noting that UMG’s public listing was “a watershed moment” and that the company’s valuation “was inconceivable when Grainge took over the top job at Universal in 2011” and “has helped lift the boats of many music companies — including those of Grainge’s fiercest rivals.”
Grainge said, “This honor is a testament to the hard work and dedication of our entire organization around the world, as well as the many amazing artists, executives, partners and entrepreneurs within the Universal Music family, many of whom are themselves individually recognized on this year’s list.”
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