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Vinai Venkatesham to step down as Arsenal CEO next year

Venkatesham joined Arsenal in 2010

Vinai Venkatesham to step down as Arsenal CEO next year
Pramod Thomas
By Pramod ThomasSep 19, 2023
Pramod Thomas
Pramod Thomas is a senior correspondent with Asian Media Group since 2020, bringing 19 years of journalism experience across business, politics, sports, communities, and international relations. His career spans both traditional and digital media platforms, with eight years specifically focused on digital journalism. This blend of experience positions him well to navigate the evolving media landscape and deliver content across various formats. He has worked with national and international media organisations, giving him a broad perspective on global news trends and reporting standards.
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ARSENAL's CEO Vinai Venkatesham will step down next summer, the Premier League team has announced.

Venkatesham joined Arsenal in 2010 and was appointed managing director in 2018, after Ivan Gazidis left to join AC Milan, before being named CEO in 2020.

"This was a tough decision, but it is time to pursue another challenge. Now is not the time for goodbyes as I remain focused until my last day and supporting a seamless transition," Venkatesham said in a statement.

He will leave with the club enjoying a resurgence under manager Mikel Arteta, having finished second behind Manchester City in the Premier League last season and qualifying for the Champions League for the first time since the 2016-17 campaign.

"The board is fully supportive of Vinai's desire to pursue his next challenge," Arsenal co-chair Josh Kroenke said.

"Whilst it is business as usual with everyone focused on the season ahead, we'd like to take this moment to thank him for his contribution and long service...

"Change and succession is something the club is well prepared for. The board remains committed to our strategy and will address leadership change as we continue to drive the club forward."

Arsenal, who are in fifth place two points behind leaders Manchester City.

(Reuters)

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A traditional pub hotel group has outperformed luxury international chains in the UK's largest guest satisfaction survey, while one major operator continues its decade-long streak at the bottom of the rankings.
The Coaching Inn Group, comprising 36 relaxed inn-style hotels in historic buildings across beauty spots and market towns, achieved the highest customer score of 81per cent among large chains in Which?'s annual hotel survey. The group earned five stars for customer service and accuracy of descriptions, with guests praising its "lovely locations and excellent food and service.
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However, Premier Inn, long considered Britain's reliable budget choice, lost its recommended status this year. Despite maintaining comfortable beds, guests reported "standards were slipping" and prices "no longer budget levels" at an average £94 per night.

The survey's biggest disappointment remains Britannia Hotels, scoring just 44 per cent and one star for bedroom and bathroom quality. This marks twelve consecutive years at the bottom, with guests at properties like Folkestone's Grand Burstin calling it a total dive.

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