Live Nation Entertainment Appoints Qualcomm's Peggy Johnson Board of Directors
LOS ANGELES, June 24, 2013
LOS ANGELES, June 24, 2013 /PRNewswire/ --Live Nation Entertainment (NYSE:
LYV) announced today that its Board of Directors has appointed Peggy Johnson
to the Board as a new independent director, effective June 20, 2013. Ms.
Johnson currently serves as Executive Vice President of Qualcomm Technologies,
Inc. and President of Global Market Development.
"Peggy is an exemplary executive who will bring extensive technology expertise
and an incredible international record to our accomplished and experienced
group of directors," said Greg Maffei, chairman of the Live Nation Board of
In her current role at Qualcomm Technologies, Ms. Johnson is responsible for
commercializing new business and developing strategic relationships. She also
serves as the Chairwoman of the Board of Directors of Qualcomm Labs, Inc., an
incubator organization that focuses on launching new businesses and products
and exploring new region segments.
"Peggy's impressive technology background and extensive experience in emerging
regions will be invaluable to our team as we continue to upgrade our platforms
and as we look to bring those technology-based enhancements to even more fans
around the globe," said Michael Rapino, president and chief executive officer
of Live Nation.
"Live Nation is one of the most unique, exciting companies in the world and
has remained at the forefront of the live entertainment industry by continuing
to innovate and bring live entertainment to more fans around the globe. I'm
honored to join the Board and I'm looking forward to working with my fellow
board members," said Johnson.
With a technology career that spans more than two decades, Ms. Johnson has
held roles in nearly every facet of Qualcomm's operations. She began as a
software engineer in the company's wireless solution group, and later held
senior-level positions in technology, business development and sales. Most
notably, under Ms.Johnson's leadership, Qualcomm developed and commercially
launched BREW (Binary Runtime Environment for Wireless), the world's first
large-scale mobile app store, which inspired the growth of a global ecosphere
that has generated more than $3 billion in revenues to date.
About Live Nation Entertainment:
Live Nation Entertainment (NYSE: LYV) is the world's leading live
entertainment company comprised of four market leaders: Ticketmaster.com, Live
Nation Concerts, Artist Nation Management and Live Nation Media/Sponsorship.
For additional information, visit www.livenation.com/investors.
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SOURCE Live Nation Entertainment, Inc.
Contact: Investors, Maili Bergman, +1-310-867-7000, IR@livenation.com, or
Media, Jacqueline Peterson, +1-310-360-3051, firstname.lastname@example.org
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