LOS ANGELES: Warner Music Group hired a new head of investor relations in the same week that it released further details about its upcoming IPO.
Warner, the world's fourth-largest music group, has hired Jill S. Krutick as SVP of investor relations and corporate development. Following a growing trend of recruiting IR heads from the ranks of Wall Street analysts, Warner took Krutick from Citigroup's Smith Barney, where she most recently served as managing director of US Equity Research, specializing in entertainment and leisure industries.
Krutick will be based in New York and reports to WMG EVP and CFO Michael Fleisher.
The announcement came right before the company filed more details of its IPO, including that it will sell shares at between $22 to $24 dollars.