Formula E gears up for Jamie Reigle exit and CEO replacement – BP • Paddock Bulletin

Formula E CEO Jamie Reigle will be replaced at the end of the 2022/23 season. The Canadian has been in charge for nearly three and a half years, coordinating the category during the pandemic and overseeing the move from Gen2 to Gen3. The news was revealed by the race.

What will happen now is a “transition phase” that is being planned, that way Reigle can hand over the job to someone else from the Liberty Global group, which has a majority stake. in Formula E.

Reigle was named successor to CEO Alejandro Agag in September 2019. Agag remains with the series, serving as chairman in addition to being the founder of Formula E. The Canadian took over after two years as vice-chairman executive of NFL team operations. Los Angeles Rams. Reigle also served as commercial director for Manchester United football club while living in Hong Kong.

During his time in Formula E, the most critical moment came during the pandemic and the impact it has had on the series. This is also the time when Audi, BMW and Mercedes withdraw from the championship, before the arrival of the Gen3.

The Canadian also faced setbacks with new locations for races, even with new places on the calendar (like Hyderabad, Cape Town, São Paulo and Portland, Formula E couldn’t hold the e- Prix ​​in Vancouver, Canada, in addition to having The test run in Seoul in the 9th season having become very complicated due to the works, the event was replaced by the Cape Town e-Prix in 2024.

In an internal message revealed by Autosport, Reigle said: “When I was offered the opportunity to lead Formula E, one of my mentors said that my main objective should be to leave the company in a better place. place than when I started. Simple advice, but of a high standard given the success that Formula E has enjoyed in its first five seasons.

“Our fans, our teams, our partners, our shareholders, our board of directors and above all you, our employees, will be the judge of my performance. But I believe I can confidently say that Formula E is now standing tall and ready to seize our tremendous opportunity. It fills me with immense pride. I look back on the past four years and am amazed at what we have accomplished together. In the face of unprecedented challenges, we have redefined our sport, launched a progressive brand, attracted emblematic teams, opened incredible cities and welcomed new partners.

At present, it is still unclear who will succeed Reigle. According to The Race, two names are emerging, Jeff Dodds, current head of development at Liberty Global and Andrea Salvato, who previously served on the Formula E board as a director.

The site points out that Dodds recently left his role at Virgin Media/O2, where he announced on his LinkedIn that he had spoken with the company about his desire to take on a new challenge. He further stated that he was “very excited to start soon as the new CEO elsewhere. Unfortunately I can’t announce where yet, but as soon as I can I will.

Salvato sits on the Formula E board of directors at Vingin Media/O2, which is part of the Liberty Global and Telefonica SA consortium.

Megan Schneider

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