Matt Maddox Appointed President of Authentic Brands

Authentic Brands Group has appointed Matt Maddox as its new President, succeeding Nick Woodhouse, who transitions to Executive Vice Chairman. Maddox, with over 20 years in the hospitality and gaming sectors, previously served as CEO of Wynn Resorts, where he significantly contributed to the company's global expansion. His extensive experience in scaling high-growth businesses is expected to enhance Authentic's growth strategy and diversification into new markets. Founder and CEO Jamie Salter praised Maddox as an exceptional leader who will help seize new opportunities for the company, which is valued at $20 billion and manages over 50 global brands. The leadership change comes amidst a busy year for Authentic, marked by acquisitions and strategic developments. Maddox expressed enthusiasm for collaborating with the talented team at Authentic to strengthen its global footprint and brand portfolio.