Executive Transactions

IMG has laid off STEVE KEREPESI, the Senior VP/Business Development and No. 2 in its business development group after TOM WORCESTER, as well as two others within that group as part of long-rumored layoffs. However, IMG spokesperson JIM GALLAGHER said this was not a precursor to widespread layoffs. “We are strategically reallocating and redeploying resources to areas that provide long-term growth,” he said. “We are examining costs, trimming where necessary and exiting a few non-strategic businesses. IMG was doing well before these actions and it will be doing even better following these actions” (Terry Lefton, THE DAILY).

EXECS: The Angels Saturday announced the promotion of President DENNIS KUHL to Chair, and Senior VP/Sales & Marketing JOHN CARPINO to President. Kuhl will be in charge of "administration of day-to-day operations, with a focus on civic affairs and community outreach," while Carpino will oversee "business, sales, marketing and communications" throughout the organization (MLB.com, 11/14)....The Sports Authority has hired McKinsey & Co. Partner JEFFREY SCHUMACHER as Exec VP and Chief Marketing & Strategy Officer (The Sports Authority)....LOCOG has named former EuroStar Head of UK Marketing GREG NUGENT to the newly-created role of Brand & Marketing Dir for the '12 London Games (MARKETINGWEEK.co.uk, 11/13)....ESPN has hired JOHN FITZGERALD as VP/Multimedia Sales for ESPN Deportes (HISPANICMARKETINGWEEKLY.com, 11/13).

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