AEG Sale Halted, Leiweke Will Leave Company, Chair Phil Anschutz Retains Control

The Anschutz Company Thursday announced that it is halting the sale process of AEG and that AEG President & CEO Tim Leiweke will be leaving the company. AEG Chair Phil Anschutz will take a more active role in the company's worldwide strategy and operations, with Dan Beckerman taking the President & CEO position. Leiweke had served as President & CEO since '96. Other personnel moves are as follows:

• Ted Fikre will assume the title of Vice Chair while continuing as Chief Legal & Development Officer. He also will assume responsibility for AEG’s Governmental & Media Relations.

• AEG Europe President & CEO Jay Marciano will relocate from London to L.A. to assume the role of AEG COO.

• Todd Goldstein, recently elevated to Chief Revenue Officer, will continue in that role.

• Anschutz Co. Exec VP Steven Cohen will serve as AEG’s Chief Strategic Officer while retaining his role at the parent company (Anschutz Co.).