The company also promotes Alan Rogozin to DADP general manager and ups Aidan Flynn, Jordan Dempsey and Marcus Greenstein to agents.
The mogul has been the subject of several recent lawsuits alleging sexual abuse.
Also this week: Neon Records' chief steps down and C.A.M.P. 615 adds a CMT veteran.
A new board will replace the one that axed Altman on Friday.
The executive, who was previously CEO at CD Baby, will serve as a consultant and advisor for the company through 2024.
Also this week: Warner Chappell Music promotes BJ Hill, AIM has a new chair and SESAC Music Group hires the hirer.
Also this week: Kobalt finds a new chief people person, while Danny Wimmer Presents and Wasserman Music go on hiring sprees.
Current financial chief Chris Helm is leaving "to launch a new business of his own early next year."
Also this week: The Orchard grows (sorry) its London office, EMPIRE hires a general counsel and Sony Music Publishing adds a managing director in Bogotá.
Also this week: Promotions at Create Music Group and ASM Global, a Warner Music veteran joins TruSauce and a big exit at Live Nation.
