The surprise exit of Nathan Hubbard as Global President of Ticketmaster was made official on Friday, ushering in a new era for the world’s largest ticketing company and subsidiary of Live Nation Entertainment.
His departure from the company was confirmed in a regulatory filing.
Ticketmaster North American President Jared Smith, promoted in December of last year from COO, will remain in that position, but will assume many of Hubbard’s responsibilities.
Smith and Ticketmaster International President Mark Yovich will jointly report to Live Nation Entertainment CEO Michael Rapino. Smith’s responsibilities will expand to encompass much of what had been under Hubbard’s purview, including global contact centers, ticketing product groups, customer service, client relations, and such internal functions as legal and human resources. The company is now poised to roll out its new secondary platform TM+, which it claims will revolutionize ticket reselling.