UNIVERSAL MUSIC GROUP BOARD PUBLISHES 2023 ANNUAL REPORT AND AGENDA FOR 2024 ANNUAL GENERAL MEETING OF SHAREHOLDERS - Seite 2
Mr. Sprunk has a Bachelor's degree in Business Administration and Accounting from the University of Montana.
Appointment of Mandy Ginsberg
Independent Non-Executive Director
Mandy Ginsberg, 54, is an American citizen and an operating partner at Advent International, one of the largest global private equity investment firms. An accomplished leader with extensive online consumer acumen, Ms. Ginsberg served as CEO of Match Group from 2016 to 2020, where she led a portfolio of industry leading digital dating platforms including Tinder, Match.com, OkCupid, and Hinge, totaling over 45 global dating companies. During her tenure, she led the company's expansion in North America and overseas, both through organic growth and acquisitions, including the 2018 purchase of relationship-focused platform Hinge. Post the company's IPO in 2015, she oversaw a period of tremendous subscriber and revenue growth that saw the company's revenues grow from USD 800 million to USD 1.7 billion and share price from USD 11 to nearly USD 70. Ms. Ginsberg has held roles within the IAC portfolio of digital companies since 2006. This includes tenures as an EdTech CEO of both The Princeton Review and Tutor.com from 2013-2015. She currently serves on the Board of Directors at Uber Technologies and ThredUp, and previously served as a director at Match Group, J.C. Penney Company and Care.com.
Ms. Ginsberg holds an MBA from The Wharton School of the University of Pennsylvania and a BA in English and Spanish Literature from the University of California, Berkeley.
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Other voting items on the agenda for the 2024 AGM are the advisory vote on the 2023 remuneration report, the adoption of the 2023 financial statements, the adoption of the dividend proposal, the discharge of the Executive and Non-Executive Directors, the adoption of a revised Non-Executive Directors' Remuneration Policy, the authorization to issue shares and grant rights to subscribe for shares to Non-Executive Directors under the revised Non-Executive Directors' Remuneration Policy, the authorization of the Board as the competent body to repurchase own shares and the cancellation of shares (to be determined by the Board).