Nicoli tapped for non-exec chair at Vue
EmptyU.K. exhibition company Vue Entertainment on Thursday said it has appointed EMI Group chairman Eric Nicoli as its new nonexecutive chairman.
Nicoli will take up his new role immediately and while "working closely with Vue CEO Tim Richards," the EMI man aims to "facilitate the company's continued growth in the U.K. and Ireland," Vue said.
Nicoli has been chairman of EMI Group since 1999, having joined the music giant's board as nonexecutive director in 1993.
Nicoli's list of executive directorships includes his role as non-executive chair of the Tussauds Group and a previous stint as non-exec chair of music retail giant HMV Group.
He is a board member of Creative and Cultural Skills, a creative industries-led body aimed at improving competitiveness, and sits on the steering group that advises the culture secretary on the government's Creative Economy Program.
"Eric's track record as a corporate leader is second to none and we're delighted he has joined us during an exciting time for our business," said Richards, who described Nicoli's appointment as key. "His appointment demonstrates Vue's intent on sustaining its position as a leader in its industry."
Nicoli said in a statement that he is looking forward to "helping the company continue to lead the way in the cinema industry, and to supporting Vue as it goes from strength to strength."
Nicoli's appointment quickly garnered positive feedback from Vue's financial backers.
Said Andy Powell, director of Integrated Finance at Bank of Scotland: "He brings with him a wealth of experience that can only benefit the company."