AEG Announces International Business Realignment and Management Restructure
AEG has unveiled a realignment of its international business divisions and a new management structure:
* Asia-Pacific and Europe: Adam Wilkes has been appointed President and CEO of AEG Presents, Europe and Asia-Pacific, overseeing regional operations in both regions. Wilkes' previous role was instrumental in establishing AEG's presence in Asia-Pacific.
* International: Alex Hill has been promoted to President and CEO of AEG International, leading global real estate and venue operations outside the United States. Hill will continue to oversee European sports teams and the venue portfolio, including The O2 in London and German properties. Additionally, he assumes responsibility for new venue development in Asia-Pacific and other international regions.
Both Wilkes and Hill assume their new positions on February 1, 2025.
Purpose of the Restructure
The new structure aims to align AEG's international organization with its corporate business and optimize resource allocation. By focusing talent on strategic growth initiatives, the company seeks to enhance growth, deliver new experiences, and innovate services for artists, partners, and fans globally.
Industry Impact
As the live entertainment industry experiences unprecedented global growth, seamless integration across regions is crucial for AEG's success. Adam Wilkes' expertise and strategic vision are seen as key to driving AEG Presents' international expansion in Europe, while Alex Hill's leadership and operational oversight will ensure the success of new AEG venues in Asia and other international markets.
About Adam Wilkes
Wilkes has played a pivotal role in building AEG Presents' presence in Asia Pacific, solidifying its position as a cornerstone of the company's global operations. Since joining in 2011, he has established strategic partnerships and delivered record-breaking tours, solidifying AEG's leadership in the region.
About Alex Hill
Hill brings years of exceptional leadership and operational oversight to his new role. His successful track record in managing AEG's business and marquee venues in Europe positions him well to drive the success of new venues in Asia and advance ongoing projects.