MUMBAI: Warner Music Group Corp. (WMG) has announced that Brian Roberts will become the executive VP and chief financial officer with effect from 1 January, 2012.

He will succeed Steven Macri who has been WMG's executive VP and CFO since 2008 and will remain in his position till the end of this year. Roberts will report to WMG CEO Stephen Cooper.

Roberts currently serves as senior VP and CFO of Warner/Chappell Music, WMG's music publishing business, a position he's held since 2007.

WMG's chairman of the board Edgar Bronfman Jr. said, "Steve Macri has done an outstanding job, overseeing our global financial operations with skill and vision, and putting in place a team of top-flight financial executives, including Brian Roberts. Brian's financial acumen and deep understanding of the music industry and the company make him the ideal candidate to fill this vital role."

Prior to joining Warner/Chappell in 2007, Roberts was senior VP- finance & administration of North & South America at BMG Music Publishing for five years.