An apparent error on the Live Nation Entertainment (LNE) website’s Leadership page has been corrected, after being spotted by Audience.
A filing with the Security & Exchange Commission in December lists Michael Rapino as president and CEO, positions he has held for more than a decade, and also listed chief operating officer (COO) Joe Berchtold as president.
Meanwhile, the website had Rapino as just CEO and Berchtold as president. Within 48 hours of Audience pointing this out, the website was changed to show Rapino as both president and CEO.
The only statement Audience could obtain from LNE’s US and UK’s offices before the website change, says, “Rapino is CEO and President. Joe Berchtold is also President”.
So LNE has two presdeints, a rarity for a major multinational corporation.