AEG names President of Global Touring
AEG has promoted Gary Gersh to president of global touring and talent for AEG Presents, where he will oversee all aspects of the concert promoter’s worldwide touring operations and talent relations.

The company also announced that LoyalT Management co-founder Rich Schaefer, who joined AEG earlier this year, has been named SVP of its global touring division, and Portugal. The Man manager Rich Holtzman will be signing on as SVP of artist development and marketing.

Gary Gersh is the founder and former CEO of management company the Artists Organization (TAO), and joined AEG in early 2017.

New York-based Schaefer was most recently a partner at LoyalT Management, where he helped to guide the careers of performers including Chromeo, Lord Huron, Animal Collective, Sigrid and Aurora, and formerly worked at TAO with Gersh with clients including John Legend, Lenny Kravitz, Soundgarden and Tears for Fears.

AEG Presents CEO Jay Marciano said in a statement that Gersh’s “extensive background as an accomplished label president, artist manager and touring executive made him the obvious choice to spearhead the expansion of our touring division. His plan to centralize tour operations to more closely align with our growing international network of touring producers will further establish AEG as a leader in global touring.”

The company also announced that several execs will move into the new global touring division, including marketing VP Nicole Neal and talent buyer Jonny Shuman.