SFX Entertainment To Form New Global Operations Team - Quick Facts

(RTTNews) - SFX Entertainment, Inc. (SFXE) Monday announced formation of a new global operations team, who will be responsible for the media, creative, e-commerce and event assets across the globe.

As per the revised structure, Joseph Rascoff will take on the role of Chairman of Live Entertainment as well as Vice Chairman of the Board of Directors.

Richard Rosenstein, EVP and CFO, has been given the additional title of Chief Administrative Officer, which brings responsibility for human resources, information technology and administration.

Timothy Crowhurst, president, will oversee the media Platform, including Beatport and brand partnerships, while Chris Stephenson, Chief Marketing Officer, will be responsible for FX1, SFX's in-house creative agency, content strategy and account management. Sheldon Finkel will assume the role of chairman of strategy and development.

SFX Europe will be led by Duncan Stutterheim, CEO, who will also continue as a key member of the steering committee setting strategy for the company.

Jacob Smid has been appointed as Managing Director of SFX North America, replacing Van Straalen. Meanwhile, Dror Erez, founding principal of Totem Love, will assume the role of head of SFX Australia.

The new group will be led by Ritty van Straalen, COO), Timothy Crowhurst, President, Chris Stephenson, CMO, and Richard Rosenstein, CFO and CAO.