Alicia Arauzo and Luis Fernández have been appointed co-managing directors of Universal Music Spain, the label announced on Tuesday (Oct. 1). According to a press release, Arauzo and Fernández will “work closely” in shaping and implementing the company’s business strategy and creative direction, “focusing on the nurturing of the division’s solid artist roster,” as well as the development of new talent. Both executives will be based in Madrid, reporting directly to Jesús López, chairman/CEO of Universal Music Latin America & Iberian Peninsula. “It is an honor for me to take on this new role, alongside such a great
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