COMPANY TOWN ANNEX

PolyGram Names New Music Chief: The Netherlands-based music company said in London that it will appoint the head of its British operations to run PolyGram Music Group, which forms 86% of the company’s business. The appointment of Roger Ames, 46, now chairman of PolyGram U.K., had been expected as an attempt to bolster the company after it reported a 6% profit drop in the second half of 1995. Ames will take over his new position June 1 and continue to report to Alain Levy, PolyGram president and chief executive. Ames, known as a cost cutter, has presided over PolyGram’s dominance of the British music market. His promotion marks the third major change at PolyGram in six months.