Meet Richard Arnold – Man Utd ‘set to announce new CEO’ to replace Ed Woodward
Manchester United are set to announce Richard Arnold as their new chief executive to replace Ed Woodward.
The change in the Red Devils hierarchy has been coming since Woodward announced he would step down following the collapse of the European Super League in April.
Instead of looking to recruit a new man, the club are promoting Arnold, who has been a part of their backroom staff since 2007.
The accountant joined as group commercial director before becoming group managing director in 2013.
He will soon have the title of CEO, and not the executive vice-chairman label which Woodward has had, as per Sky News.
They report that United could announce the move to the New York Stock Exchange in the coming days.
It will take effect in the New Year, with Woodward expected to remain with the club in a consultancy role.
Arnold will be the first man to hold the United CEO title since David Gill left upon Sir Alex Ferguson's retirement in 2013.
It was Woodward who then took charge as he went up the ladder, just like his colleague did below him.
Can Arnold help to bring Premier League glory back to Man Utd? Let us know in the comments section.
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Arnold began his career in telecommunications, working his way up to be a senior manager in marketing.
He also qualified as a Chartered Account in 1996.
His initial role at Old Trafford included him overseeing the performance of the sponsorship business, retail, merchandising, apparel and product licensing business, and the digital media business.
He earned a nomination for the SportBusiness International’s Sports innovator off the year list in 2011 for his exploits.
Since assuming control of the club's business operations, Arnold has opened commercial offices in London, New York and Hong Kong.
He's been responsible for the signing of a number of lucrative sponsorship contracts, including record-breaking deals with Chevrolet and Adidas.
What's more, he was named as an LGBT+ Executive Ally by charity OUTstanding who awarded the honour to Arnold "in recognition of the work he has done to progress LGBT+ inclusion at Manchester United for employees and supporters."
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