Granger steps into Leiweke shoes as OVG boss



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Tim Leiweke steps down as CEO of Oak View Group Image: OVG

The professional sports company Oak View Group (OVG) Founder Tim Leiweke announced on July 9th that he is stepping down as the company’s head honcho following a Federal indictment for alleged conduct related to the bidding process for building the University of Texas’s 16,223-capacity Moody Center in Austin (Texas, US), charges Leiweke vehemently denies.

‘POLLSTAR’ stated that the company has named the OVG360 President Chris Granger the interim Chief Executive Officer (CEO).

The Oak View Group (OVG), LLC is an American professional sports and commercial real estate company based in Denver. It manages several sports venues including the 18,300-capacity Climate Pledge Arena in Seattle, Washington (US) which was constructed under the company’s supervision.

‘POLLSTAR’ further stated that the Oak View Group (OVG) was found to have committed no wrongdoing and released the following statement:

“The Oak View Group cooperated fully with the Antitrust Division’s inquiry and is pleased to have resolved this matter with no charges filed against the OVG and no admission of fault or wrongdoing. We support all efforts to ensure a fair and competitive environment in our industry and are committed to upholding the industry-leading compliance and disclosure practices. We are proud of the partnerships we have built and remain committed to continuing to offer exceptional hospitality and holistic venue management solutions and venue development expertise which deliver value to our venue partners, our fellow service providers and the communities and the customers we serve.”

Leiweke sent out a statement which read, “It has been my great honor to help found and lead the OVG as it has grown into the special, customer-oriented company it is today.”

He also addressed the Department of Justice’s (DOJ’s) dropped charges against the OVG – “While I’m pleased that the company has resolved its Department of Justice Antitrust Division inquiry without any charges filed or admission of wrongdoing the last thing I want to do is distract from the accomplishments of the team or draw focus away from executing for our partners. So, the Board and I decided that now is the right time to implement the succession plan that was already underway and transition out of the CEO role. In my new role as the Vice- Chairman of the Board and as an OVG shareholder I remain as committed as ever to the long-term success of the company and I know the OVG, our valued partners and our customers are in great hands with Chris and the rest of our stellar leaders.”

Chris Granger sent out a statement which read, “I am honored to serve in this role and am looking forward to working with our deep roster of leaders and talented team as we deliver on our mission to provide the best possible service and outcome for our customers and partners.”

Remarked Lee Wittlinger, Chairman of the OVG Board of Directors, “We are deeply grateful to Tim for his vision and years of dedicated service as the CEO during which the OVG evolved into an exceptional, multifaceted industry leader. The Board supports Tim’s transition out of the CEO role and is implementing the succession planning process that was already underway. We thank Chris for taking on this role. As the leader of the OVG360 (a full-service venue management and hospitality company specializing in sports, live entertainment and convention centers) Chris has been an instrumental driver of success for both the OVG and our venue partners. We remain big believers in OVG’s ability to deliver exceptional venue management and hospitality services and venue development capabilities that surpass the expectations of our customers and our partners.”

In a note to the OVG staff, Leiweke addressed the DOJ allegations, “First, as some of you may already know, the DOJ’s Antitrust Division made formal allegations against me today (July 9th) alleging that more than eight years ago I made an improper agreement with the premium experiences company Legends during the selection process for the construction and management of the Moody Center at the University of Texas. It is not true and I am confident that the jurors in Austin will see this case for what it is – wrong on the facts and the law and a misguided attempt to criminalize the lawful, ethical and procompetitive efforts of complementary businesses joining forces to deliver a compelling proposal. The Moody Center is a fantastic project and an indisputable success. The OVG won the work on the merits of our qualifications and proposal and we set the bar for the National Collegiate Athletic Association (NCAA) facilities transforming the live sporting and entertainment events for the University of Texas and the City of Austin. At a time when the current administration is trying to promote American enterprise and innovation this prosecution is inexplicably trying to stifle them.”

He also further explained more on why he stepped down as the CEO – “Second, as you know, our mantra has always been to focus completely on our mission and commitment to excellence. The Antitrust Division’s actions today (July 9th) prevent me from doing that. So, I have agreed with our Board of Directors that now is the right time to implement the succession plan that was already underway and transition from my role as the CEO. I will continue to serve on our Board of Directors in the role of the Vice-Chairman and will remain a shareholder of the OVG.”

Indianapolis (US)-based the National Collegiate Athletic Association (NCAA) is a nonprofit organization that regulates student athletics among about 1,100 schools in the United States and one (1) in Canada. It also organizes the athletic programs of the colleges and helps over 500,000 college student-athletes who compete annually in college sports.

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