Source: Businesswire India
As it continues to scale and expand its global footprint, sports and live entertainment leader, AEG, today announced a realignment of its international business divisions. The new structure will better position AEG to successfully pursue its continued growth strategy in major international markets.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250129498386/en/
Alex Hill, President and CEO, AEG International (Photo: AEG)
As part of this change, the company will implement a new management structure.
Wilkes and Hill will assume their new positions on February 1, 2025.
“This new management structure aligns our international organization with our corporate business and allows us to better focus our resources to best manage our existing businesses while also achieving our ambitious strategic growth initiatives around the globe,” said Dan Beckerman, President and CEO of AEG. “By ensuring that our talent is focused on the right opportunities, we will be well positioned to deliver growth, as well as new experiences and innovative services for our global artists, partners and fans.”
Beckerman added, “We have tremendous confidence in Adam and Alex, both of whom are seasoned strategic leaders with proven track records. Their understanding of our customers and markets, their deep industry experience, and their newly restructured responsibilities will position them to continue driving AEG’s international growth.”
AEG’s new management structure marks a significant next step in its business strategy. The realignment strengthens the company’s focus on international growth and enhances its ability to meet growing international demand for live entertainment. The change better aligns AEG’s world-class resources, global music network and industry-leading expertise to drive operational excellence across the business.
“As the live entertainment industry continues its unprecedented global growth, ensuring seamless integration across our regions is critical to our success,” said Marciano. “Adam’s track record in building markets, coupled with his strategic vision and operational expertise, makes him the ideal leader to drive AEG Presents’ international expansion in Europe, further strengthening our global business.”
Wilkes has been instrumental in building AEG Presents’ footprint in Asia Pacific, transforming it into a cornerstone of the company’s global operations. Since joining AEG in 2011 as part of the company’s initial expansion into Asia, he has played a pivotal role in establishing AEG’s presence in the region. Over the past 15 years, Wilkes has spearheaded major initiatives, including a strategic joint partnership with Frontier Touring, the development of Bangkok’s UOB Live, and Nagoya’s soon-to-open IG Arena. He has also delivered record-breaking tours with global superstars and premier sporting competitions, solidifying AEG Presents’ leadership in the Asia Pacific market.
In his new role, Wilkes will oversee AEG Presents’ operations across Europe and Asia-Pacific, collaborating closely with Alex Hill, President and CEO of AEG International. Together, they will align the company’s international concert promotion strategies, expand its portfolio of venues, and pursue new business opportunities that further strengthen AEG’s position as a leader in the global live entertainment industry.
As President and CEO of AEG International, Hill also brings years of exceptional leadership and focused operational oversight to his new role. With his successful track record overseeing the growth of AEG’s business and operation of its marquee venues in Europe, Hill will be well-suited to ensure the success of new AEG venues coming on-line in Asia, such as UOB Live in Bangkok and the soon to be opened IG Arena in Nagoya, Japan. Hill will also be focused on advancing other on-going projects such as the Bangkok Mall Arena and the arena-anchored entertainment district project planned for the redevelopment of the Osaka Expo Park.
ABOUT AEG
Headquartered in Los Angeles, California, AEG is the world’s leading sports and live entertainment company. The company operates in the following business segments:
Through its worldwide network of venues, portfolio of powerful sports and music brands and its integrated entertainment districts, AEG entertains more than 90 million guests annually. More information about AEG can be found at www.aegworldwide.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250129498386/en/
DISCLAIMER
The content and services provided by Kalkine Consultancy India Private Limited (Research Analyst License No: INH000017727, hereinafter referred to as “Kalkine”) are for informational purposes only. The content, including but not limited to articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, charts, animations, and videos (collectively, “Content”), is a service of Kalkine Consultancy India Private Limited and is available for personal and non-commercial use only. Kalkine does not provide personalized financial advice and does not endorse or recommend any individuals, investment products, or services as suitable for specific financial situations. Investors are advised to consult a qualified financial planner or adviser to assess their risk tolerance and portfolio suitability before making any investment decisions. Kalkine accepts no liability for investment losses or any other financial detriment arising from reliance on the Content. Some of the Content on this website may be sourced from third-party providers. Kalkine does not claim ownership over such third-party content and does not guarantee its accuracy, completeness, or reliability. Kalkine shall not be held liable for any errors, omissions, or inaccuracies in third-party content or for any damages or losses resulting from its use. Any images, music, or videos used in the Content are either sourced from publicly available materials, paid subscriptions, or credited to their respective owners where applicable. Kalkine does not claim ownership of third-party media unless explicitly stated. This disclaimer is subject to change without notice. Users are advised to review it periodically for updates.