CORRECTING and REPLACING The Latin Recording Academy® Elects New Officers to Its Board of Trustees

Chair Eduardo Hütt, Vice Chair Eva CebriánSecretary
Aloysio
Reis, and Treasurer Javier Aguirre are the Newly
Elected Officers

MIAMI–(BUSINESS WIRE)–In the first and fouth paragraphs, Eduardo Hutt’s title was changed to
“Chairman of Bain & Company in Mexico and Central America” (instead of
“Chairman of Bain & Company in Mexico and Latin America”).

The corrected release reads:

THE LATIN RECORDING ACADEMY® ELECTS NEW
OFFICERS TO ITS BOARD OF TRUSTEES

Chair Eduardo Hütt, Vice Chair Eva CebriánSecretary
Aloysio
Reis, and Treasurer Javier Aguirre are the Newly
Elected Officers

The
Latin Recording Academy®
 announced today the new elected
officers to its Board of Trustees. Eduardo Hütt, Chairman of Bain
& Company in Mexico and Central America, was elected Chair of the Board
of Trustees; Eva Cebrián, communications professional from
Spain, was elected Vice Chair; Aloysio Reis, songwriter
and general director of Sony/ATV Music Publishing in Brazil, was
elected Secretary; and Javier Aguirre, personal
advisor to the CEO of the Cisneros Corporation, was elected
Treasurer after a unanimous resolution reached by the organization’s
Board of Trustees. Outgoing chair of the board Laura Tesoriero was
elected Chair Emeritus replacing maestro Luis Cobos.

“As The Latin Recording Academy prepares for the beginning of its third
decade, a new Board of Trustees is challenged with continuing our
mission of promoting Latin music internationally, but also preserving
iconic genres in the evolving music community while providing financial
and logistical support to the Latin GRAMMY Cultural Foundation®,”
said Gabriel Abaroa Jr., President/CEO of The Latin Recording
Academy. “I look forward to working closely with this very diverse and
talented group of professionals while advancing the development and
outreach of The Latin Recording Academy and the Latin GRAMMY®
brand.”

The Trustees of The Latin Recording Academy, along with Latin Academy
senior staff—fiduciaries of the nonprofit organization—meet twice per
year to discuss goals, set priorities, and implement policies designed
to strategically chart the course of The Latin Academy’s short, medium,
and long-term goals.

About the Newly Elected Officers:

Eduardo Hütt, Chairman of Bain & Company in Mexico and Central
America, has more than 25 years of experience in management consulting
in the region focusing on media and entertainment. Before joining Bain,
Hütt was a senior partner at McKinsey & Company; president and managing
director of EMI Music Argentina; and has had direct experience in the
music markets of Latin America.

Eva Cebrián has had a long career as an executive in various
sectors, primarily in communications and music (including musical,
audio-visual, and digital projects). Her experience in music placed her
as a leader of Spain’s premier group of radio stations, PRISA Radio,
which includes Cadena Dial, Máxima FM, M80 Radio, and Radiolé, in
addition to the premier musical portal Los40.com.
She is currently starting up a new business venture.

Aloysio Reis is a prolific songwriter and a seasoned record
executive. He has been the general director of Sony/ATV Music Publishing
in Brazil since 2005 and is a member of the board of directors of the
Brazilian Union of Songwriters, the largest songwriters’ association in
Brazil. Prior to that role, he worked at CBS/Sony Music and EMI Music in
Brazil, Mexico, and England. As a songwriter, Reis’ songs have been
recorded by top artists such as Roberto Carlos, Julio Iglesias, Ney
Matogrosso, Flávio Venturini, Xuxa, Gloria Estefan, José Luis Perales,
Juan Luis Guerra, and many more.

Javier Aguirre is currently the personal advisor to the CEO of
Cisneros Corporation. He provides strategic advice on financial and
corporate matters. Mr. Aguirre served, for a period of 15 years, as
executive vice president and chief financial officer of Cisneros
Corporation where his primary responsibilities included overseeing and
managing the corporate finance and family office functions, as well as
the management of the investment portfolio. He was an active member of
the investment committee and served as a board member and advisor for
numerous investments, many of which were entertainment properties, in
the Cisneros portfolio such as Univision, Venevision Productions,
Venemusic, DirecTV, AOL Latin America, and many others.

In addition to the above-mentioned officers, the complete Board of
Trustees of The Latin Recording Academy includes: Christine Albert,
Carlos Alvarez
, Luis A. Alvarez, Luis Balaguer,
Eduardo Bergallo
, Paty Cantú, Carla Estrada,
Alexandra Lioutikoff
, John Poppo, Neil Portnow, Rafa
Sardina
, Manuel Tejada, and Eduardo Weise. Legal
counsel: Jorge Hernández Toraño.

ABOUT THE LATIN RECORDING ACADEMY:

The Latin Recording Academy is an international, membership-based
organization comprised of Spanish- and Portuguese-speaking recording
artists, musicians, songwriters, producers, and other creative and
technical recording professionals. The organization is dedicated to
improving the quality of life and cultural condition for Latin music and
its makers. In addition to producing the Latin GRAMMY Awards® to
honor excellence in the recorded arts and sciences, The Latin Recording
Academy provides educational and outreach programs for the Latin music
community either directly or through its Latin GRAMMY Cultural
Foundation. For more information about The Latin Recording Academy,
please visit LatinGRAMMY.com.

Contacts

The Latin Recording Academy:
Iveliesse Malavé: ive@grammy.com
(305)
576-0036
or
The Lippin Group on behalf of The Latin
Recording Academy:

Elina Adut: EAdut@lippingroup.com
Jennifer
Price:
JPrice@lippingroup.com
(323)
965-1990

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