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Adam Stewart Appointed to Vivid Seats’ Board of Directors

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Vivid Seats (NASDAQ: SEAT) has appointed Adam Stewart to its Board of Directors, effective November 1, 2024. Stewart, currently Vice President of Consumer, Government & Entertainment at Google, brings nearly two decades of experience and will also serve on the company's Nominating and Corporate Governance Committee. He succeeds Tom Ehrhart, who is departing after three years. The appointment marks Vivid Seats' transition to having a majority independent Board in compliance with Nasdaq rules. Stewart's extensive background includes leadership roles at Google and Discovery Communications, where he oversaw national sales strategies for various networks.

Vivid Seats (NASDAQ: SEAT) ha nominato Adam Stewart nel suo Consiglio di Amministrazione, con effetto dal 1 novembre 2024. Stewart, attualmente Vice Presidente per i Consumatori, il Governo e l'Intrattenimento presso Google, porta con sé quasi due decenni di esperienza e farà parte anche del Comitato per le Nomine e la Governance Aziendale. Sostituisce Tom Ehrhart, che lascia dopo tre anni. Questa nomina segna la transizione di Vivid Seats verso un Consiglio di Amministrazione con una maggioranza di membri indipendenti, in conformità con le normative Nasdaq. Il vasto background di Stewart include ruoli dirigenziali presso Google e Discovery Communications, dove ha supervisionato le strategie di vendita nazionali per vari network.

Vivid Seats (NASDAQ: SEAT) ha designado a Adam Stewart en su Junta Directiva, con efecto a partir del 1 de noviembre de 2024. Stewart, actualmente Vicepresidente de Consumidores, Gobierno y Entretenimiento en Google, aporta casi dos décadas de experiencia y también formará parte del Comité de Nominaciones y Gobernanza Corporativa de la compañía. Sucede a Tom Ehrhart, quien se marcha tras tres años. Esta designación marca la transición de Vivid Seats hacia una Junta predominantemente independiente, en cumplimiento con las normas de Nasdaq. El amplio historial de Stewart incluye roles de liderazgo en Google y Discovery Communications, donde supervisó las estrategias de ventas nacionales para diversas cadenas.

비비드 시트 (NASDAQ: SEAT)는 아담 스튜어트를 이사회의 일원으로 임명하며, 2024년 11월 1일 시작됩니다. 스튜어트는 현재 구글의 소비자, 정부 및 엔터테인먼트 부서의 부사장으로서 거의 20년의 경험을 보유하고 있으며, 회사의 지명 및 기업 거버넌스 위원회에서도 활동할 것입니다. 그는 3년간 재직한 톰 에어하르트를 대체합니다. 이번 임명은 비비드 시트가 나스닥 규정을 준수하기 위해 독립적인 이사회의 다수를 갖게 되는 전환을 의미합니다. 스튜어트의 방대한 배경은 구글과 디스커버리 커뮤니케이션즈에서의 리더십 역할을 포함하며, 다양한 네트워크의 국가 판매 전략을 감독했습니다.

Vivid Seats (NASDAQ: SEAT) a nommé Adam Stewart au sein de son Conseil d'Administration, avec effet au 1er novembre 2024. Stewart, actuellement Vice-Président des Consommateurs, du Gouvernement et du Divertissement chez Google, apporte près de deux décennies d'expérience et siégera également au Comité des Nominations et de la Gouvernance d'Entreprise de la société. Il succède à Tom Ehrhart, qui quitte ses fonctions après trois ans. Cette nomination marque la transition de Vivid Seats vers un Conseil d'Administration majoritairement indépendant, en conformité avec les règles de Nasdaq. Le parcours professionnel vaste de Stewart inclut des rôles de direction chez Google et Discovery Communications, où il a supervisé les stratégies de vente nationales pour divers réseaux.

Vivid Seats (NASDAQ: SEAT) hat Adam Stewart in seinen Vorstand berufen, mit Wirkung zum 1. November 2024. Stewart, der derzeit Vizepräsident für Verbraucher, Regierung und Unterhaltung bei Google ist, bringt nahezu zwei Jahrzehnte Erfahrung mit und wird auch im Nominierungs- und Corporate Governance-Ausschuss des Unternehmens tätig sein. Er folgt Tom Ehrhart nach, der nach drei Jahren ausscheidet. Die Ernennung markiert den Übergang von Vivid Seats zu einem überwiegend unabhängigen Vorstand in Übereinstimmung mit den Nasdaq-Vorgaben. Stewarts umfangreicher Hintergrund umfasst Führungsrollen bei Google und Discovery Communications, wo er nationale Verkaufsstrategien für verschiedene Netzwerke überwachte.

Positive
  • Transition to majority independent Board enhances corporate governance
  • Addition of executive with extensive media, entertainment, and technology experience
  • Strategic appointment strengthens marketing and technology expertise
Negative
  • None.

CHICAGO, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats” or “we”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced the effective date of the appointment of Adam Stewart to its Board of Directors is November 1, 2024. Stewart has also been appointed to Vivid Seats’ Nominating and Corporate Governance Committee. He joins Vivid Seats’ Board with extensive Media and Entertainment experience, including nearly two decades at Google, where he currently serves as Vice President, Consumer, Government & Entertainment.

“We are proud to welcome Adam to Vivid Seats’ Board of Directors,” said Stan Chia, Vivid Seats CEO. “He is an expert in performance marketing, a seasoned technology leader, and an experienced board member. We look forward to benefiting from Adam’s insight and guidance, as we continue to diversify our marketing channels while driving efficiencies and repeat orders. Given the depth of his experience, this appointment will further enhance the skillset and expertise of our esteemed Board, as we continue our focus on building shareholder value and executing our long-term growth strategy.”

“It's a privilege to join the Vivid Seats Board of Directors,” said Stewart. “As a dynamic and innovative company dedicated to providing exceptional customer experiences and connecting fans with unforgettable events, I'm excited to collaborate with the Board and management team to further Vivid Seats' growth and success.”

Currently at Google, Stewart leads advertising partnerships and solutions for Google, YouTube and the Google Marketing Platform, focusing on Consumer Goods, Government, and Entertainment sectors. His previous role at Google was Industry Director of Media & Entertainment. Prior to Google, Stewart held the position of Senior Vice President at Discovery Communications, where he oversaw a national sales leadership team and shaped sales strategies for a range of networks including Discovery Channel, TLC, Animal Planet, Travel Channel, and BBC America. He also contributes his expertise as a Board Member of Posse Los Angeles.

Stewart succeeds Tom Ehrhart, who is departing from Vivid Seats’ Board after three years of exceptional service, in connection with Vivid Seats’ transition to having a majority independent Board in compliance with applicable Nasdaq rules. As of November 1, 2024, following these changes, Vivid Seats will have a majority independent Board of Directors with fully independent Board committees.

Chia added, “On behalf of Vivid Seats and our Board of Directors, I would also like to take a moment to thank Tom for his countless contributions and years of dedicated service.”

Vivid Seats’ Board of Directors regularly evaluates its composition to maintain diverse skillsets, backgrounds and experiences. Vivid Seats is guided by a majority-diverse leadership team and majority-diverse Board of Directors that drive ethical decision-making across the organization and direct its long-term strategy.

About Vivid Seats
Founded in 2001, Vivid Seats is a leading online ticket marketplace committed to becoming the ultimate partner for connecting fans to the live events, artists, and teams they love. Based on the belief that everyone should “Experience It Live,” the Chicago-based company provides exceptional value by providing one of the widest selections of events and tickets in North America and an industry leading Vivid Seats Rewards program where all fans earn on every purchase. Vivid Seats has been chosen as the official ticketing partner by some of the biggest brands in the entertainment industry including ESPN, Rolling Stone, and the Los Angeles Clippers. Vivid Seats also owns Vivid Picks, a daily fantasy sports app. Through its proprietary software and unique technology, Vivid Seats drives the consumer and business ecosystem for live event ticketing and enables the power of shared experiences to unite people. Vivid Seats has been recognized by Newsweek as one of America’s Best Companies for Customer Service in ticketing. Fans who want to have the best live experiences can start by downloading the Vivid Seats mobile app, going to vividseats.com, or calling 866-848-8499.

Contacts:

Investors
Kate Africk
Kate.Africk@vividseats.com

Media
Julia Young
Julia.Young@vividseats.com


FAQ

When does Adam Stewart join Vivid Seats (SEAT) Board of Directors?

Adam Stewart joins Vivid Seats' Board of Directors effective November 1, 2024.

What is Adam Stewart's current role before joining Vivid Seats (SEAT)?

Adam Stewart serves as Vice President of Consumer, Government & Entertainment at Google, leading advertising partnerships and solutions for Google, YouTube and the Google Marketing Platform.

Who did Adam Stewart replace on Vivid Seats (SEAT) Board?

Adam Stewart succeeds Tom Ehrhart, who is departing after three years of service on Vivid Seats' Board.

What committees will Adam Stewart serve on at Vivid Seats (SEAT)?

Adam Stewart will serve on Vivid Seats' Nominating and Corporate Governance Committee.

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