Ambassador Theatre Group (ATG) has announced Ted Stimpson will become chief executive with immediate effect, replacing the outgoing Mark Cornell.
The theatre, ticketing and theatre production company appointed Stimpson to replace Cornell, who is stepping down after seven years in the role.
Stimpson has previously held board and advisory roles with Go City, Hellotickets, Stasher, Unplugged and Virgin Experience Days. His appointment follows an extensive search process by the ATG board to appoint Cornell’s successor, with counsel from executive search firm Spencer Stuart.
“I am thrilled to be joining ATG, an organisation I have admired for a long time as a theatre enthusiast, and to be leading the company as it pursues its exciting next chapter of growth,” said Stimpson.
“Now is a great time to further accelerate ATG’s growth strategy and reinforce ATG’s position as a global leader in live entertainment through continued investment in our venues, state-of-the-art ticketing, digital marketing and new customer experiences. I look forward to working with the management team, including chief operating officer Nick Potter and global content and creative director Michael Lynas, along with ATG’s partners Providence and TEG, and my new colleagues around the world, as we continue to delight audiences.”
Cornell added: “I have thoroughly enjoyed leading this iconic business over the last seven years. Together with an outstandingly talented executive team, we have transformed this company and created a significant business within the exciting world of live entertainment.
“The creative energy and drive embedded within ATG is second to none. I am particularly proud of both the values and commitment within the group to delivering world-class content from the leading theatre productions in the world, coupled with an enhanced audience experience. I look forward to observing the continued progress of the group over the coming years.”