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Ed Woodward Assumes Responsibilities At Manchester United

Stocks in this article: MANU

(NYSE:MANU) Ed Woodward, Manchester United’s Executive Vice Chairman, is to assume the responsibilities that David Gill will relinquish on 30 June. From 1 July, Ed will have overall responsibility for the Club including, in conjunction with Sir Alex Ferguson, facilitating transfer activity.

In a revised management structure from 1 July, Ed has appointed Richard Arnold, the Club's current Commercial Director, as its new Group Managing Director, overseeing all commercial and operational aspects of the Club.

Michael Bolingbroke, COO, will report into Richard and consolidate the Club’s operations under him. His new position will see him take responsibility for the Club’s local, national and global CSR projects.

Ed joined the Club in 2005. He initially focused on developing the overall growth strategy of the Club and in 2007 he assumed direct responsibility for the commercial and media operations. Hiring Richard, together they developed and implemented a new commercial strategy, including the execution of an innovative sponsorship approach.

Ed is a director of Manchester United Football Club, Manchester United plc, Manchester United Merchandising Ltd and MUTV. He also sits on the Marketing Committee of the European Club Association.

His job title will remain Executive Vice Chairman.

Richard joined United in 2007 and is currently responsible for the management and growth of the Club’s sponsorship, retail, merchandising, apparel and product licensing, and its new media and mobile business. He was nominated for SportBusiness International's Sports innovator of the year list in 2011. He is a director of Manchester United Football Club, Manchester United plc, Manchester United Merchandising Limited, MUTV and the MU Foundation.

Michael joined the Club as its first ever Chief Operating Officer in 2007 and is responsible for finance, ticketing, hospitality, matchday and non-matchday operations, club secretarial functions, property management and corporate services. He is a board member of Manchester United Football Club, MUTV and a Trustee of the Club’s pension fund.

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