AC Milan CEO Ivan Gazidis is set to leave his role at the club which he has held for four years when his contract expires next month.
As was confirmed in an official statement from AC Milan on Wednesday afternoon, Gazidis will conclude his time with the club when his contract runs out on December 5, 2022.
He joined the club as CEO in December 2018 and has been at the centre of the improvement made both on and off the pitch during the Elliott Management ownership.
Gazidis is going to remain fully operational in his role at the club until December 5 and there is going to be an announcement by AC Milan about his successor in the near future.
The statement is quick to thank Gazidis for his hard work and service at the club and they wished him all the best for the future.
There were quotes from AC Milan Chairman Paolo Scaroni: “On behalf of everyone associated with AC Milan, I would like to say a heartfelt thank you to Ivan for his passion and dedication, as well as the significant contribution he has made to the health and success of this football Club, representing and enhancing the core values for which it stands.
“As I said during our recent Shareholders Meeting, it is very easy to be the Chairman of an organisation which has a CEO of the quality of Ivan Gazidis.
“I would also like to personally wish him some peaceful and well-deserved time with his family and every success in his next professional chapter.”