TEG appoints new CEO as Geoff Jones switches roles

Australian-headquartered global entertainment giant TEG has named Brad Banducci as CEO, with Geoff Jones becoming chair.

Jones will move into the chairman role after 14 years as chief executive, while Banducci brings more than 30 years of leadership experience and was most recently CEO of Woolworths Group.

Jones is credited as the architect of TEG’s integrated model and for leading the firm’s transformation into a global leader in live entertainment, ticketing, digital and data.

“I am delighted to pass the baton to Brad, whose proven track record makes him the ideal leader to guide TEG into its next phase,” says Jones. “As chairman, I look forward to working with Brad and the team to continue to grow the business.”

“I am following both a personal passion for live events and a strong belief in the increasing importance of live experiences in general”

The TEG umbrella includes Ticketek, TEG Live, TEG Sport, TEG Experiences, TEG Dainty, TEG Europe, TEG Asia, TEG North America and SXSW Sydney, among others.

Banducci, who begins his new role on 31 March, adds: “I am honoured to join TEG at this exciting time in its journey. Under Geoff’s leadership, the company has built a strong foundation, and I look forward to working in partnership with Geoff, [COO] Cameron Hoy, our investors Silver Lake, Mercury Capital and Australian Super, and the broader TEG Team, to deliver exceptional live experiences for all of our customers and stakeholders.

“In this new role, I am following both a personal passion for live events and a strong belief in the increasing importance of live experiences in general.”

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