COMPANY TOWN ANNEX

Zutaut to Head New EMI Record Company: EMI Records Group, North America, said it formed a record company that will be headed by Tom Zutaut, former head of A&R; at Geffen Records. Zutaut, 35, will be chairman and chief executive of the new label, reporting to Charles Koppelman, chairman and chief executive of EMI Records Group, a unit of London-based Thorn EMI. EMI said Zutaut is credited with signing on artists such as Guns N’ Roses, Motley Crue and Edie Brickell and the New Bohemians for Geffen. EMI said Zutaut did not have a title, as none of the executives at Geffen are given specific titles.