Originally posted on The Fields of Green:
The Atlanta Hawks’ ownership just scored a big win.
Turner Entertainment Network’s president and entertainment chief Steve Koonin was named CEO and minority owner of the Atlanta Hawks last weekend and will commandeer all business, financial and strategic operations of the Hawks and Philips Arena.
As the former president of Turner Entertainment, Koonin oversaw cable networks TNT, TBS, and TruTV. Prior to Turner, Koonin was a top executive at Coca-Cola overseeing sports and entertainment marketing among his many responsibilities.
Bruce Levenson will remain the Hawk’s controlling owner with Koonin serving as the team’s lead executive. Bob Williams will remain with the organization to operate Philips Arena while Danny Ferry will remain president of basketball operations and general manager.
Hawks’ Rocky Ownership
By 2005, Time Warner had sold the Hawks to the Atlanta Spirit LLC ownership group— a collection of executives located both in Atlanta and Washington DC. The deal also included the…
View original 219 more words