Music mogul Edgar Bronfman, Jr. has stepped down as a director at Warner Music Group. The news about the company's former chairman and CEO, announced by his successor Stephen Cooper on Tuesday (14May13), comes as WMG bosses finalise the acquisition of Parlophone. Cooper says, "His contributions to this company and the music industry as a whole have been enormous. Warner Music Group would not be the dynamic, pioneering force we are today without his tireless commitment to the company, its employees and its artists." Cooper replaced Bronfman as CEO in August, 2011.