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Randy Phillips
Randy Phillips out as AEG Live CEO; Jay Marciano named chairman
Randy Phillips out as AEG Live CEO; Jay Marciano named chairman

Anschutz Entertainment Group has parted ways with Randy Phillips, the chief executive of its live entertainment arm AEG Live, the company said Monday. Jay Marciano, AEG's chief operating officer, has been named AEG Live's chairman.  The exit of Phillips, who joined the company in 2002, is part of a restructuring of the division's management, in which Marciano will take a more active role in leading the subsidiary with a team of executives.  The shakeup comes after Tim Leiweke resigned as AEG's president and chief executive in March, an announcement that came as Philip Anschutz canceled plans to sell the company, which owns entertainment venues such...

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