Randy Phillips out as chief executive of AEG Live

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LOS ANGELES (AP) — Randy Phillips, who was sued inconnection with Michael Jackson’s death, is out
after a decade as chiefexecutive officer of AEG Live under a restructuring by its parent AEG,the sports and
entertainment giant announced Monday.Anschutz Entertainment Group has ended its relationship with Phillips,
a company statement said. It gave no reason for the move.The statement didn’t say Phillips was fired, and it
made no mention that he had resigned or retired.Lastyear, Phillips had signed a five-year contract to remain
as presidentand CEO of the world’s second-largest concert company.An emailseeking to reach Phillips through
Marvin Putnam — the attorney whorepresented him in the Jackson lawsuit — wasn’t immediately returned.AEGsaid
it was restructuring AEG Live. Jay Marciano was bumped from chiefoperating officer to chairman and will
assume a more active role in themanagement of that division, AEG said.He will oversee a LosAngeles-based
executive team led by Paul Tollett, John Meglen, ShawnTrell and Rick Mueller, the company said.Phillips
became CEO in2002. Under his leadership, AEG Live handled concert tours for the likesof Justin Bieber and
Taylor Swift.AEG had been working withMichael Jackson on a planned comeback tour before his 2009 death,
whichwas caused by an overdose of the surgical anesthetic propofol. Dr.Conrad Murray, Jackson’s physician,
was convicted of involuntarymanslaughter for providing access to the drug.Phillips initiallywas a defendant
in the lawsuit filed by Jackson’s family that contendedAEG negligently hired Murray. Phillips was later
dropped from the case,which AEG won. Phillips testified at Murray’s trial.Therestructuring follows the March
resignation of Tim Leiweke, AEG’spresident and CEO, after AEG announced it was canceling plans to sellthe
company.AEG owns the Staples Center arena in downtown LosAngeles as well as the Los Angeles Kings hockey
team, Los Angeles Galaxyand Houston Dynamo soccer teams, and other venues and teams.Thecompany was behind
the most recent effort to bring the NFL back to LosAngeles, presenting plans for a $1.5 billion downtown
stadium. But theproject stalled amid the uncertainty at AEG and the inability of thecompany and city to lure
a team to commit to Los Angeles.Copyright 2013 The Associated Press. All rightsreserved. This material may
not be published, broadcast, rewritten orredistributed.

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