AEG Live and Transom Capital Announce Merger of Bandmerch
CHARLES STEEDMAN PROMOTED TO
CHIEF OPERATING OFFICER, AEG FACILITIES
LOS ANGELES (March 11, 2013) – Charles H. (Chuck) Steedman has been promoted to Chief Operating Officer, AEG Facilities, it was announced by Bob Newman, President, AEG Facilities.
Having joined AEG in 2008 as Sr. Vice President and General Manager of AEG Connecticut LLC, Steedman went on to lead the organization’s expansion into South America including the development and implementation of management agreements with four stadia in Brasil in addition to overseeing all business, legal and structural aspects of the creation of AEG’s Brazilian subsidiaries.
In his new capacity, Steedman will be responsible for overseeing the fiscal planning and day-to- day operations for AEG Facilities which currently owns, operates or provides consulting services for an elite network of over 100 venues operating across five continents, including 27 of the industry’s top 100 arenas. Steedman will also work closely with AEG Global Partnerships who oversee naming rights, sponsorships and premium seating for many of the venues as well as AEG Live, who promote numerous national concert tours and family shows that book venues affiliated with AEG Facilities while continuing to assist with the strategic growth of the division thru the acquisition of arenas, stadiums, convention centers along with other investment opportunities. .
“Chuck has been an integral part of AEG Facilities’ growth and success since he first joined the company,” said Newman. “He is recognized within the company and throughout the industry as an accomplished business leader. His growth and rapid ascension at AEG is a testament to his expertise, work ethic and professionalism.”
Steedman will also focus on the continued implementation of AEG proprietary initiatives such as AEG1Earth, AEG Encore, AEG 1Force, AEG S.A.F.E., AEG 1Source, AEG Energy Services and AEG Community throughout the AEG Facilities venue network.
“Since joining AEG more than five years ago, the thing that has most impressed me is the exceptionally deep and talented team of people within the Company,” said Steedman. “I consider myself very fortunate to be part of an organization that is continuously innovating within the sports and entertainment world and am extremely honored and truly excited for this new challenge and look forward to playing an expanded role in the continued growth of the Company.”
He also has been involved in the creation of events for AEG, most notably forming a joint venture with USA Gymnastics that resulted in the creation of the Kellogg’s Tour of Gymnastics Champions, which toured the United States for 40 dates following the 2012 Olympics in London, setting ticket sales records in almost every market.
Prior to joining AEG, Steedman spent the previous seven-plus years under the employ of New England Sports Ventures (NESV), the parent company of the Boston Red Sox, New England Sports Network (NESN) and Fenway Sports Group (FSG). Earlier in his career, he held senior management positions Raycom Sports, the American Skiing Company and the Resorts Sports Network.
A native of East Brookfield, Massachusetts, Steedman graduated from the University of Massachusetts (Amherst) in 1984 with a Bachelor of Science degree in Sport Management and added an MBA from the McColl School of Business at Queens University in Charlotte, North Carolina in 1994.
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About AEG Facilities
AEG, a wholly owned subsidiary of the Anschutz Company, is the leading sports, entertainment and venue operator in the world. AEG Facilities, a stand-alone affiliate of AEG, owns, operates or consults with more than 100 of the industry’s preeminent venues worldwide, across five continents, providing complete venue management, as well as specialized programs in operations, guest services, ticketing, booking, sales and marketing. AEG Facilities also provides resources and access to other AEG-affiliated entities, including live event producer, AEG Live, AEG Global Partnerships, AEG Development, AEG 1Earth, AEG Encore and AEG Creative to support the success of AEG venues and events across the globe. For more information, please visit aegworldwide.com.
Contact: Michael Roth