September 18, 2018 / 9:25 AM / a month ago

Arsenal confirms CEO Gazidis' exit to AC Milan

(Reuters) - Ivan Gazidis will step down as chief executive of English football club Arsenal to move to Italy’s AC Milan after almost a decade at the club, Arsenal Holdings Plc said on Monday.

General Sport - Leaders Sport Summit 2012 - Stamford Bridge - 11/10/12 Ivan Gazidis, Chief Executive Officer of Arsenal FC during a talk called " The Ten Year Plan: Football 2022" Mandatory Credit: Action Images / Paul Childs Livepic

Vinai Venkatesham, currently chief commercial officer, becomes managing director and will lead the club along with Head of football relations Raul Sanllehi, the company said.

Reporting by Chris Peters in Bengaluru; editing by Patrick Graham

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