NEW YORK (CelebrityAccess) – Today The Madison Square Garden Company (NYSE:MSG) announced Andrew Lustgarten as new company President. He has been with MSG since 2014 as Executive Vice President of corporate development and strategy. Lustgarten will report to MSG executive chairman and CEO James Dolan.
James Dolan stated:
"Andy is the perfect person to help lead MSG at this point in its history…His unique experience in sports, live entertainment management and corporate development will be critically important as we continue to focus on enhancing our core businesses and identifying compelling opportunities that further our presence and influence in live experiences."
Before MSG Andrew Lustgarten worked at the National Basketball Association as Special Assistant to the Commissioner and then became Senior Vice President, global strategy. There he helped negotiate major media deals and a collective bargaining agreement. As SVP of global strategy he was involved with such developments as a major investment in NBA China, an investment in FanDuel and the league's revenue sharing plan.
At MSG Lustgarten has played a diverse role as a member of the management team. He's helped diversify MSG's live offerings, with oversight of MSG's interests in the TAO Group, Boston Calling Events and Counter Logic Gaming. He played a key role in MSG's involvement with DraftKings and brought the first esports events to The Garden. He was also key in MGS's investment in Jaunt and NextVR.
Lustgarten said, regarding his new appointment:
"MSG is unlike any other company in the world. There is so much opportunity for our incredible assets to grow and to further expand MSG's position as the world's leading sports and entertainment company. I am deeply honored to take on this new role and look forward to working with the extraordinary people across MSG to realize the enormous potential ahead of us."