Jem Aswad Senior Music EditorJared Smith is stepping down as global chairman of Ticketmaster at the end of the year.Smith, 42, has been with the company for more than 17 years, although he was just promoted to chairman in August.
According to the announcement, which was first published by Sportico, Smith and Michael Rapino, CEO of Ticketmaster owner Live Nation Entertainment, have had ongoing discussions over the past few years regarding a succession plan, and Smith said that the COVID-19 pandemic, which has disrupted live events around the world and wracked the ticketing industry, provided the right opportunity to make that move.Mark Yovich, who was promoted to global president at the same time Smith was named chairman, will remain in.
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