Alex Mahon, the Channel 4 Chief Executive, is set to become the new head of live entertainment group Superstruct Entertainment.
Mahon announced her departure this week from Channel 4 after eight years and is expected to leave this summer.
Superstruct Entertainment is owned by private equity giants KKR and CVC Capital Partners.
Founded in 2017, Superstruct owns and operates more than 80 music festivals across 10 countries in Europe and Australia.
It has expanded both organically and through acquisitions into a significant live entertainment group.
Its portfolio includes European festivals such as Wacken Open Air, Defqon.1, Tinderbox, Boardmasters and Sónar, which is held annually in Barcelona.
KKR acquired Superstruct last year, while CVC took a minority stake in the business several months later.
Mahon’s departure from Channel 4 came as a surprise to many in the industry. “I feel lucky beyond belief to have had the chance to lead Channel 4 for nearly eight years – through calm seas (very few) and stormy waters (more than our fair share),” said Mahon at the time. “From navigating the threat of privatisation (twice), to shifting out of London, to digital transformation, lockdowns, political upheaval, advertising chaos – there has never been a dull moment.”
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