Arsenal has confirmed that CEO Ivan Gazidis is stepping down with Raul Sanllehi and Vinai Venkatesham taking over as head of football and managing director respectively.
Arsenal chief executive Ivan Gazidis has resigned to join AC Milan, the Premier League club have announced. The 54-year-old will step down at the end of October, following a decade at Emirates Stadium, and take up the same role at Milan, who were recently taken over by American company Elliott Management, on December 1.
Gazidis joined Arsenal as CEO in November 2008 and oversaw Arsene Wenger’s departure and the arrival of Unai Emery.The former Gunners CEO has described his pending departure “the hardest decision of my life”. In his statement on Arsenal official website,
“For the last 10 years I have been privileged to dedicate myself to this great club. Arsenal is entering a new chapter and I have done everything I can to ensure that it is strongly placed to take on that challenge,”
“This includes world-class facilities and outstanding leaders in every sector who carry the values of the club, including, of course, Unai Emery, Raul Sanllehi and Vinai Venkatesham, in whom I have enormous faith.
“Although it is very hard to do – the hardest decision of my life – I believe that, after 10 years, it is the right time for me to step aside to allow new leadership, energy and ideas to take the club forward into this exciting new era.
“While this is the most difficult and challenging course for me, I am excited to see what the future holds for this great club.
“After so many years at Major League Soccer and Arsenal, I am now looking forward to joining one of the world’s other great clubs, AC Milan, and working to restore it to its rightful place in football. Until then, I will continue to devote absolutely all my energy until my last day to ensure an orderly transition for the benefit of Arsenal Football Club.”
Furthermore, Club chairman Sir Chips Keswick added: “Ivan has led Arsenal with skill and dedication and leaves us in a strong position. The club has been transformed and he has recruited talented people, such as Raul, Vinai and of course Unai Emery, who will take us to future success.”
Sanllehi was a former director of football at Barcelona. He joined the Gunners as head of football relations in February, while Venkatesham is currently the club’s chief commercial officer.