Peter Luukko, president and COO, of Comcast-Spectacor, the Philadelphia-based sports and entertainment company is resigning to “pursue other entrepreneurial activities,” according to a company release. Dave Scott, recently retired EVP and CFO for Comcast Cable, was named acting president.
In addition, Gary Rostick will join the company as the new CFO. Rostick most recently was the SVP of Finance and Business Operations and CFO of Comcast Business Services.
All changes are effective immediately.
Luukko, who has worked at Comcast-Spectacor for more than 25 years, was named to Billboard’s 2013 Power 100 list which cited the company’s $4 billion in revenue and growth at its facility management and ticketing units. Luukko was also chairman of Comcast-Spectacor subsidiary Global Spectrum, the fastest-growing business in public assembly facility management with a portfolio of 115 arenas, stadiums and convention centers worldwide.
“Peter has been an invaluable partner as we built Comcast-Spectacor into the phenomenal company that it has become,” said Ed Snider, Chairman of Comcast Spectacor, in a statement. “Peter’s leadership was key in helping us build the many businesses that enabled us to become a nationally recognized leader in sports and entertainment.”
“I want to thank Ed for the opportunities that he has given me to help build Comcast Spectacor over the past 25 years,” said Luukko. “We have had a wonderful partnership, building a great company with a terrific management team. Now, I have decided that it is time for me to take advantage of the equity I have built up at Comcast Spectacor and pursue other entrepreneurial interests.”
Comcast-Spectacor owns the Philadelphia Flyers, the Wells Fargo Center and four Flyers Skate Zone rinks. In addition to Global Spectrum, Comcast-Spectacor is also the principal owner of Ovations Food Services, a food and beverage service provider; New Era Tickets, a ticketing and marketing company for public assembly facilities; Front Row Marketing Services, a commercial rights sales company; FanOne, a digital fan marketing company; and Paciolan, a provider of venue enablement, ticketing, fundraising and marketing technology solutions.