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Stock Market & Financial Investment News

News Breaks
June 9, 2014
08:13 EDTSFXESFX Entertainment says Rscoff to step aside from COO position
SFX Entertainment announced the formation of a new executive management structure, which puts firm emphasis on the importance of the integration of media, creative, e-commerce and event assets across the globe. The company also announced that all ten incumbent directors have been reelected to serve an additional term by the stockholders of the company at the annual meeting held on June 5. Ritty van Straalen, COO, Timothy J. Crowhurst, President, Chris Stephenson, CMO, and Richard Rosenstein, CFO and CAO, will head up the newly formed executive management group reporting to Robert F.X. Sillerman, Chairman and CEO. In the revised structure, Joseph F. Rascoff will take on the role of Chairman of Live Entertainment as well as Vice Chairman of the Board of Directors, stepping aside from his position as COO. The new structure creates a five-territory global operations team, which will be helmed by new COO, Ritty van Straalen. The global divisions are: North America, South America, Australia, Asia and Europe. Timothy J. Crowhurst continues in his role as President. Chris Stephenson will continue in the role of Chief Marketing Officer. Richard Rosenstein adds to his role as EVP and CFO the title of Chief Administrative Officer.
News For SFXE From The Last 14 Days
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January 23, 2015
08:02 EDTSFXESFX Entertainment names Greg Consiglio as president and COO
SFX Entertainment (SFXE) named Greg Consiglio as President and COO of the company. Consiglio, who holds the same titles at Viggle (VGGL) will retain those positions as well. In addition to Consiglio, there were several other changes announced: Kevin Arrix joins SFX as EVP, and Chief Revenue Officer. He holds the same position at Viggle and will continue to do so. Tim Crowhurst will move from SFXs President to SFXs President and Head of Strategic Development. Ritty van Straalen will move from SFXs COO to SFXs President and CEO of Live Entertainment. According to the three-year agreement between SFX and Viggle, the combined sales organization will sell all inventory for both companies. The immediate access to the highly successful Viggle sales organization will give SFX a turnkey sales solution, while combining efforts and inventory with SFX will give Viggle access to a broader client list offering the potential to qualify for many previously unavailable sales opportunities.

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