Tim Leiweke

Tim Leiweke
CEO of the Oak View Group (OVG)
In office
November 16, 2015 – Present
CEO and President of MLSE
In office
April 26, 2013 – October 29, 2015
Preceded by Tom Anselmi
Succeeded by Michael Friisdahl
CEO and President of AEG
In office
1996 – March 14, 2013
Preceded by Inaugural holder
Succeeded by Dan Beckerman
Personal details
Born (1957-04-21) April 21, 1957[1]
St. Louis, Missouri, United States
Nationality American
Residence Los Angeles, California

Timothy J. Leiweke (born April 21, 1957) is an American businessman who was the former president and CEO of Maple Leaf Sports & Entertainment (MLSE) and former President and CEO of Anschutz Entertainment Group (AEG).[1] Leiweke held roughly a 4% stake in AEG as of 2012, and is well known for his relationship with notoriously reclusive AEG founder and Denver-based billionaire Philip Anschutz, whom he has known since the early 1990s.[2] Since November 2015, Leiweke has served as the CEO of the Oak View Group, "a global advisory, development and investment company for the sports and live entertainment industries".[3]

Anschutz Entertainment Group

Leiweke was President and CEO of Anschutz Entertainment Group (AEG), which owns the Los Angeles Kings, the Los Angeles Galaxy, part of the Los Angeles Lakers, the L.A. Live entertainment complex, as well as multiple sporting and entertainment venues around the world, such as the StubHub Center and the O2 Arena in London, which it manages.[4][5] In September 2012 it was announced that AEG would be put up for sale.[6] A deal for the privately owned group, reportedly worth up to $10 billion, was expected to be announced sometime in the first half of 2013.[7] On March 14, 2013 Anschutz announced that AEG was no longer for sale.[8] In an interview, Anschutz stated that he had recently become "reengaged" in the business and also suggested the company had failed to receive bids nearing the $8 to $10 billion asking price.[9]

On the same day it was announced the sale had been called off it was announced Leiweke would be replaced as President and CEO by AEG executive Dan Beckerman, who previously has served as both chief operating officer and chief financial officer.[8][10] The change in leadership was attributed by some analysts as a reaction to the failure AEG experienced in attracting serious bidders during the sale process and its inability securing an NFL occupant for its proposed stadium next to L.A. Live.[11]

Maple Leafs Sports and Entertainment

Leiweke became President and CEO of MLSE on April 26, 2013. MLSE properties include the Toronto Maple Leafs of the NHL, the Toronto Raptors of the NBA and Major League Soccer team Toronto FC, as well as multiple sport and residential properties such as the Air Canada Centre, Ricoh Coliseum, and Maple Leaf Square. Leiweke will assume residence in Canada.[12] Rogers Communications and Bell Canada own a combined 75% of MLSE. He was integral in the signings of Toronto FC designated players Michael Bradley, Jermain Defoe, and Sebastian Giovinco, as well as the hiring of Maple leafs president Brendan Shanahan and Toronto Raptors president Masai Ujiri.

On August 21, 2014, Leiweke announced that he would be leaving MLSE and would remain in his role until June 30, 2015 or until MLSE had named his successor.[13] Leiweke ultimately left MLSE on October 29, 2015 after they appointed Michael Friisdahl as his his successor.

Oak View Group

On November 16, 2015, Leiweke & his business partner, Irving Azoff, founded the Oak View Group (OVG), a Los Angeles based "global advisory, development and investment company for the sports and live entertainment industries".[3] Leiweke serves as OVG's CEO.[14]

Personal life

Leiweke is married to Bernadette. They have one daughter, Francesca, who is married to Troy Bodie, a pro hockey scout in the Toronto Maple Leafs organization.[15] As of 2016, Francesca serves as Vice President of business development for her father's company, the Oak View Group.[14]

References

  1. 1 2 "A closer look at Tim Leiweke". The Globe and Mail. Toronto. April 27, 2013.
  2. ↑ http://www.newyorker.com/reporting/2012/01/16/120116fa_fact_bruck
  3. 1 2 "Tim Leiweke and Azoff MSG Entertainment Join Forces to Launch the Oak View Group (OVG)". Globe Newswire. November 16, 2015. Retrieved December 3, 2016.
  4. ↑ A CONVERSATION WITH TIM LEIWEKE - Moving Toward a United State, LA Times, Nov 14, 2004
  5. ↑ sports Illustrated, July 17., 2007
  6. ↑ Fixmer, Andy (September 19, 2012). "Phil Anschutz to Sell L.A.-Based Live-Event Promoter AEG". Bloomberg.
  7. ↑ Vuong, Andy (December 6, 2012). "Bids for Phil Anschutz' AEG reportedly due Friday". Denver Post.
  8. 1 2 Vuong, Andy (March 14, 2013). "Anschutz says AEG no longer up for sale". Denver Post.
  9. ↑ Dickerson, Marla; Hamilton, Walter (March 14, 2013). "Philip Anschutz says he decided to 'reengage' in AEG management". Los Angeles Times.
  10. ↑ Lopez, Ricardo (March 14, 2013). "Meet new AEG chief executive Dan Beckerman, longtime finance man". Los Angeles Times.
  11. ↑ Svaldi, Aldo (March 15, 2013). "Anschutz ends AEG sale as offers fall short". Denver Post.
  12. ↑ Elliot, Helene. "Tim Leiweke tapped to lead Canadian sports conglomerate", The Los Angeles Times, 27 April 2013. Retrieved on 29 April 2013.
  13. ↑ Zwolinski, Mark (August 21, 2014). "Tim Leiweke to leave MLSE by June 30, 2015". Toronto Star. Retrieved August 21, 2014.
  14. 1 2 http://www.oakviewgroup.com/our-people/
  15. ↑ http://sports.nationalpost.com/2013/09/16/toronto-maple-leafs-hopeful-tells-father-in-law-tim-leiweke-in-the-nicest-way-possible-not-make-decisions-on-his-hockey-career/

External links

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