AC Milan have officially added two more members to their board of directors while three of them have resigned, according to a report.
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Calcio e Finanza write that RedBird Capital have moved with maximum transparency after UEFA’s indications in order to get full approval to have both Milan and Toulouse in European competitions next season.
As can be read in documents from 12 June, Alec John Scheiner, Isaac John Halyard and Niraj Narendra Shah presented their resignations from the Milan board of directors, after having also left the role of directors in the Toulouse always in recent days.
On 23 June, the Milan board of directors met and appointed two new members: Robert Klein and Kevin LaForce. Klein is the president of RedBird as per the official website, having joined in 2017 after 10 years at JP Morgan.
In his current role he oversees the fund’s non-investment operations including Capital Partnerships, Finance and Legal & Compliance.
LaForce is currently managing director of RedBird, with a focus on sports and media investments. He is involved in strategic planning and business implementation for the XFL, the American football league that RedBird launched in recent months.
Prior to joining RedBird, Kevin spent 14 years at the NFL, where he served as Senior Vice President of Media Strategy and Business Development, including leading the team that negotiated the $110 billion contract for broadcast the football championship in the USA.
Now, the Milan board is as follows: Paolo Scaroni (President), Giorgio Furlani, Stefano Cocirio, Gerry Cardinale, Randy Levine, Gordon Singer, Mark Dowley, Riccardo Stefanelli, Robert Klein and Kevin LaForce.
