OAKLAND, CA (CelebrityAccess) — Music streaming service Pandora announced that Tim Leiweke has been elected to the company's board of directors and Roger Faxon has been nominated for election to the board.
Leiweke’s election is effective immediately, while Faxon is being nominated for election at the upcoming annual meeting of stockholders on June 4, 2015.
With these additions, Robert Kavner and David Sze will conclude their tenures on the company’s board after the company's annual stockholder meeting.
Leiweke, who currently serves as CEO of Maple Leaf Sports & Entertainment, helmed AEG Live, where he oversaw the company's global growth and the development of major entertainment venues such as the StubHub Center, L.A. LIVE and the O2 Arena and Entertainment District in London. Leiweke also led the company's development of its first consumer entertainment platform, AXS Ticketing as well as AXS TV, a cable channel focused on entertainment and lifestyle programming.
Faxon is best known for his tenure at EMI, where he served in various roles, including CFO of the Group and CEO of the company’s Music Publishing division, ultimately rising to become CEO of the Group. Prior to joining EMI, he served as CEO of Sotheby’s Europe, was Senior Executive Vice President of Columbia and Sony Pictures and COO of Lucasfilm Ltd. Faxon currently owns and leads A&R Investments, a diversified investment and consulting firm focused on the media and communications industries.
"I could not be more excited for Roger and Tim to join the board. Both are forward-thinking and bring invaluable expertise to help Pandora play a leading role in the evolution of the music industry,” said Brian McAndrews, chairman and CEO of Pandora. "Roger’s deep knowledge of the music business and Tim’s experience in entertainment will provide unique insights as we continue to deliver music our listeners love and new tools to help music makers thrive.” – Staff Writers