Ed Woodward is finally leaving Manchester United.
Man Utd announced on January 6 that Richard Arnold would become Chief Executive Officer (CEO) of the Club. Starting on February 1, Arnold will replace Ed Woodward, who will step down from executive vice-chairman.
Richard Arnold said: “It’s been an Honour to have the chance to serve this great Club and its fans. I am determining to return that honour in any way I can.”
Joel Glazer, Executive Co-Chairman, said: “I would like to thank Ed for his tireless work on behalf of Manchester United during his nine years as Executive Vice-Chairman and 16 years with the club.”
“We are now looking forward to Richard and his leadership team opening a new phase in the Club’s evolution,
with ambitious plans for investment in Old Trafford, the strengthening of our engagement with fans,
and the continued drive towards our most important objective-winning on the pitch.”
Who is Richard Arnold?
Arnold started at Old Trafford during Sir Alex Fergusons tenure at the Club when he joined as a commercial director.
In that role, Arnold oversaw the performance of the Club’s sponsorship business, which included retail, merchandising, apparel,
and the Club’s lucrative licensing and digital media business.
After Ferguson’s retirement in 2013, Man Utd promoting Arnold to the role of group managing director at the Club,
He was nominated for SportBusiness International’s Sports innovator of the year list in 2011.
As such, Club eventually brought Arnold into the Club’s board of directors. He has often sat alongside Woodward and chief financial officer Cliff Baty at the Club’s quarterly conference calls.
In many ways, Arnold is an administrative operator that has worked his way up the Club’s off-the-field roles for the best part of two decades. Now he’ll be tasked with being in charge of the whole thing.
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