LOS ANGELES, (CelebrityAccess MediaWire) — The Board of Directors of Live Nation Entertainment (NYSE: LYV) has appointed Greg Maffei as the non-executive Chairman of the Board. Mr. Maffei is President and Chief Executive Officer of Liberty Media Corporation and has served on the Live Nation Board of Directors since February of 2011.
"Greg brings years of experience and business acumen that will continue to be a valuable asset as our team executes on the three-year plan, driving profitability and shareholder value," said Michael Rapino, President and Chief Executive Officer of Live Nation.
"Michael and his team have made Live Nation the most pervasive brand in live entertainment. I look forward to further collaboration with Michael and my fellow board members," said Mr. Maffei.
Mr. Maffei joined Liberty Media as CEO-elect in November 2005 and became CEO in February 2006. Mr. Maffei has also served as President and Chief Executive Officer of Liberty Interactive since May 2007.
Previously, he has served as President and Chief Financial Officer of Oracle, Chairman and Chief Executive Officer of telecom company 360networks and Chief Financial Officer of Microsoft.
"Greg brings years of experience and business acumen that will continue to be a valuable asset as our team executes on the three-year plan, driving profitability and shareholder value," said Michael Rapino, President and Chief Executive Officer of Live Nation. – CelebrityAccess Staff Writers
