AEG introduced that Tom Miserendino will retire as president and CEO of its European operation. Starting December 31st, Alex Hill will change him.
Hill is at the moment AEG Europe’s chief working officer and monetary officer.
CCO and chairman of AEG, Jay Marciano, says that Hill is the right alternative for Miserendino’s trade expertise. “Alex is the right option to succeed Tom,” Marciano relayed. “He has been instrumental in serving to to develop and execute our company technique in Europe which has strengthened and grown our regional operations.”
Hill has served because the COO of AEG Europe’s operations for the previous six years. He has been the CFO for the previous 11 years, and is credited with driving the corporate’s industrial progress throughout Europe. That stated, Marciano notes that Miserendino’s expertise might be missed.
Miserendino led the corporate by one among its largest European expansions, together with the opening of Mercedes Platz and the opening of the ICON Outlet. AEG has expanded its venue portfolio and grown its music and reside festivals enterprise underneath his management.
Miserendino appears to have excessive confidence in his successor, saying, “With Alex’s intensive management expertise and the general energy of the corporate’s administration staff, now's the right time to implement our succession plan in order that I can spend extra time with my household. I'm very assured that AEG’s finest days proceed to lie forward.”
AEG is headquartered in Los Angeles and is likely one of the world’s largest reside leisure and ticketing corporations. AEG owns the AXS.com ticketing platform, the AXS cable community, and a number of other totally different reside venues within the United States and throughout Europe.