Martin Stewart has been promoted to CEO of live sports and entertainment specialist NEP Group.
Currently NEP’s CFO, Stewart succeeds Brian Sullivan who steps down after leading NEP’s recovery from the severe impact of Covid through to record profitability and strategically repositioning the business for growth in new areas such as centralised production.
Stewart has over 30 years in leadership roles in the media telecommunications and sports sectors and has led businesses through both acquisitions and organic growth.
He has led several companies including Ono in Spain, OSN in Dubai and Sky NZ in New Zealand. Prior to these roles Stewart was CFO at Sky UK.
NEP Board of Directors said: “We thank Brian for his significant contributions to NEP Group including delivering record profitability for the company in 2022 and winning marquee centralised production contracts that will be a foundation of future growth. We appreciate his dedication and service and wish him all the best in his future endeavors. We are delighted Martin will be stepping up to lead the company as it enters its next phase of growth. Martin is an established leader with an impressive track record driving business transformation, which will be hugely influential as we continue to grow the business and double down on operational excellence.”
Stewart said: “I am thrilled to serve as NEP Group CEO and look forward to building upon our momentum in positioning the business for continued growth. This is an exciting time for our industry as new technologies turbocharge our ability to deliver to our stakeholders in new and innovative ways. Undoubtedly, NEP Group has a bright future ahead.”
Doug Kovach has also promoted to the role of CFO at NEP Group. Kovach has been with NEP for over 12 years and is currently NEP’s SVP finance and treasurer.
Headquartered in the United States, NEP has operations in 25 countries with over 5,000 employees.