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The Team Names New Board Following Wasserman's Exit
· Confirmed
In Short: The Team, formerly Wasserman, has launched a new board to oversee strategy and lead its next phase of growth.
The LA-based global sports, music, and entertainment company The Team, formerly Wasserman, has launched a new board to oversee strategy and lead its next phase of growth.
CEO Mike Watts said, 'This is an important moment for our company.' The new board includes 11 members, comprising in-house executives and leaders from key constituencies across the company.
The board members named so far include Michael Watts, Elizabeth Lindsey, Jason Ranne, Kevin Shivers, Matthew Vandrau, Elena Rochelli, and Jon Liebman.
Providence Equity Partners, the company’s majority owner, will name additional outside board members in the coming months.
Leaders like Elizabeth Lindsey, who oversees the brands and properties business, Jason Ranne, who leads talent representation, the U.K.-based international chief Matthew Vandrau, and CFO Elena Rochelli were also named to the board.
Kevin Shivers, who was promoted in April to co-president of music as part of the stabilization of that department, is also taking a seat on the board.
The newly named board members will continue to serve in their leadership roles within their business units.
The Team is one of the biggest players in the fast-growing sports representation space, along with CAA.
Davis Noell, Greg Brown, and Scott Marimow, representing Providence Equity, will also serve on the board.
What this adds
The company's rebranding and new board come after founder Casey Wasserman's tumultuous exit tied to an artist exodus in February.
What's confirmed
- THE•TEAM, formerly known as Wasserman, was sold by founder and former CEO Casey Wasserman to Providence Equity Partners in July following an outcry after Wasserman’s name surfaced in the Epstein Files.
- LA-based global sports, music and entertainment company The Team, formerly Wasserman, has launched a new board to oversee strategy and lead its next phase of growth.
- “This is an important moment for our company,” said CEO Watts.
- Providence, the company’s majority owner, will name additional outside board members in the coming months.
- Kevin Shivers, who was promoted in April to co-president of music as part of the stabilization of that department (which had been bulked up through the acquisition of Paradigm’s roster five years ago), is also taking a seat on the board.
- Leaders like Elizabeth Lindsey, who oversees the brands and properties business, Jason Ranne, who leads talent representation, the U.K.-based international chief Matthew Vandrau and CFO Elena Rochelli were also named to the board, as were C-suiters Davis Noell, Greg Brown and Scott Marimow.
- Brillstein operates autonomously under the Team banner.
- Board members representing Providence Equity are: Davis Noell, who is senior managing director and co-head of North America for the private equity firm; Greg Brown, operating partner; Scott Marimow, managing director; and Ahana Maken, senior VP.
- Each board member will continue to serve in their leadership role within their business units.
- The newly named board members are: Michael Watts, CEO of The Team; Elizabeth Lindsey, global president of brands and properties; Jason Ranne, president of global talent representation; Kevin Shivers, co-president of music; Matthew Vandrau, president of EMEA & APAC; Elena Rochelli, chief financial officer; and Jon Liebman, chairman and CEO of Brillstein Entertainment Partners.
- This group will build on our momentum and help us accelerate growth by focusing on the ways we can best support our clients’ goals and aspirations.” Noell added, “THE•TEAM has an incredibly talented leadership team and we welcome the expertise and perspective that this board will bring to the business.
- Jon Liebman, the chief of Brillstein Entertainment Partners, which was acquired by Wasserman three years ago, will also serve on the board.
What's still developing
- As it looks to chart a path away from its namesake founder, the Hollywood representation powerhouse The Team is installing a new board of directors stocked with leaders from key constituencies across the company.
- The Westwood-based firm, formerly known as Wasserman, unveiled an 11-person board on Tuesday comprised of in-house exec members.
- Mike Watts, the CEO who took the helm amid founder Casey Wasserman’s tumultuous exit tied to an artist exodus in February, will serve on the board.
- The Team has unveiled an 11-member board to guide the sports, music and entertainment agency that was rebranded in July following the sale of Casey Wasserman’s stake in his marketing and representation firm.
- In an email reviewed by LAist, Hobson said that the demands of steering the newly opened Lucas Museum were too great to continue serving on the 35-person board, which is led by Casey Wasserman.
- Williams, a member of a coalition of labor and community groups called the Fair Games Coalition, said he saw Hobson as the group’s best shot at influencing the LA28 Board, which includes a number of allies of President Donald Trump as well as some city appointees.
- Mellody Hobson, investor and Lucas Museum cofounder, has stepped down from the LA28 board of directors, LA28 confirmed to LAist Wednesday.
- Talent agency THE.TEAM has formed a new board of directors, the company announced Tuesday (Nov. 10), marking the first time it has had a public-facing board.