"AC Milan will soon put a new Board of Directors in place, and there is one figure in particular who looks set to gain more power. Under the ownership of RedBird Capital, the board has remained fairly consistent with no huge upheavals compared to the one put in place by Elliott Management. Of course there have been occasional changes, but generally things have remained stable."
"The board is chaired by Paolo Scaroni and includes Giorgio Furlani (CEO), Stefano Cocirio (CFO), and representatives from the main shareholders, RedBird Capital Partners and Elliott Investment Management. Other members include the owner Gerry Cardinale as well as Randy Levine, Robert Klein, Mark Dowley, Gordon Singer, Riccardo Stefanelli, Alfredo Craca, David Castelblanco and Dominic Mitchell. As of 2024, the board was paid more than that of any other club in Serie A."
""I wanted to name a name. This new Board of Directors will be in place soon, and these internal positions will be redefined within the organisational chart," he said. "I can tell you that Massimo Calvelli, who served as CEO of ATP [Association of Tennis Professionals] for a long time, joined RedBird in July and, from what I understand, will have more and more power, or at least a more prominent role than the one he held until now.""
AC Milan will soon install a new Board of Directors with internal roles to be redefined and a likely increase in influence for certain figures. The board under RedBird Capital has largely remained stable compared with the Elliott Management era. Paolo Scaroni chairs the board, with Giorgio Furlani as CEO and Stefano Cocirio as CFO, and major shareholders RedBird and Elliott represented alongside owner Gerry Cardinale and several external directors. Massimo Calvelli joined RedBird in July and is expected to assume a more prominent role. Calvelli's background includes a professional tennis career, senior marketing roles at Wilson and Nike, and serving as ATP CEO from 2020 to 2025.
Read at SempreMilan
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