I have decided to quit as I.P.L. Chairman. It is a decision which I was pondering over for some time.
Sentiment: NEGATIVE
As my other obligations are beginning to take an inordinate amount of time, I have asked to step down as WMG's board chairman, effective January 31, 2012. However, I will remain a director of the company and in that way, continue my association with Warner Music and its extraordinary people.
Please accept my resignation. I don't care to belong to any club that will have me as a member.
When I took over the family business, it had already been a publicly traded company for 20 years. During one of the first annual meetings I attended, one shareholder stood up and advised me and everyone in attendance that I should resign.
Since I became chairman, I've tried to turn EFF into civil liberties and responsibilities.
You don't quit because you happen to be behind. You want to see how you do. And who knows? Maybe somebody will stumble.
What do you do if you're an executive who resigns? You declare yourself a consultant.
There is an honourable tradition in British public life that those charged with authority at the top of an organisation should accept responsibility for what happens in that organisation. I am therefore writing to the prime minister today to tender my resignation as chairman of the BBC.
I don't have any intention of resigning.
I see no reason to quit. I can't imagine walking away from being Big Bird. I mean, that's an awfully good job that there's not too many of them. So I just want to keep doing it till I can't do it anymore.
I quit after my seven-year contract with Universal was up. I quit for 33 years.