Sportico. The 42-year-old executive has been with the company for 17 years.Smith told the publication that he and Michael Rapino, the CEO of Ticketmaster parent company Live Nation, have been discussing a succession plan for several years now.
With the coronavirus pandemic postponing and canceling live events around this world, now seemed like the time to execute his exit, Smith told Sportico.“The company deserves to have the person who’s going to be here long-term making the hard decisions right now of what it should look like,” Smith said in an interview.Also Read: Regal Cinemas and Cineworld Movie Theaters to Close All US, UK Locations This WeekIn August, Smith was promoted out of his role of president to global chairman.
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