The Team Names 11-Member Board After Rebrand From Wasserman

The Team has named an 11-member board to steer the sports, music and entertainment agency it relaunched in March and rebranded in July. The restructuring follows Providence Equity Partners' acquisition of founder Casey Wasserman's 40% stake in the firm, which he launched as Wasserman Media Group in 2002.

Providence, which bought a majority stake in Wasserman in 2022, now controls the company outright. The rebrand came after a difficult stretch earlier this year. Pressure mounted on Casey Wasserman over his years-old association with Ghislaine Maxwell, the convicted associate of Jeffrey Epstein, and the fallout prompted the sale and the new identity.

Who sits on the new board?

Seven members come from The Team's own executive ranks. Each will keep their existing leadership role within their business units:

• Michael Watts, CEO of The Team
• Elizabeth Lindsey, global president of brands and properties
• Jason Ranne, president of global talent representation
• Kevin Shivers, co-president of music
• Matthew Vandrau, president of EMEA & APAC
• Elena Rochelli, chief financial officer
• Jon Liebman, chairman and CEO of Brillstein Entertainment Partners, which operates autonomously under The Team banner

Four additional seats go to representatives of the private equity owner:

• Davis Noell, senior managing director and co-head of North America at Providence Equity
• Greg Brown, operating partner
• Scott Marimow, managing director
• Ahana Maken, senior VP

Providence will appoint additional external board members in the coming months, the company said.

What does the leadership say?

"This is an important moment for our company," CEO Michael Watts said. "The members of this board have shown the qualities we value most: embracing our culture, supporting their colleagues and delivering exceptional results for our clients. This group will build on our momentum and help us accelerate growth by focusing on the ways we can best support our clients' goals and aspirations."

Davis Noell framed the appointment around the firm's growth plans. The new configuration encompasses an "incredibly talented leadership team, and we welcome the expertise and perspective that this board will bring to the business," Noell said. "We're excited about the growth opportunities ahead and will continue to provide capital and strategic partnership to help expand The Team's capabilities across sports, music and entertainment."

Why the board matters

The structure gives Providence four of eleven seats — roughly 36% of the board — while leaving day-to-day leadership with the executives who run the business units. That balance signals continuity in operations alongside financial control by the owner.

In plain terms: the agency's founders are out, the investors are in, and the people running the divisions keep their jobs. The coming external appointments will show how much independent oversight Providence intends to add as The Team competes across sports, music and entertainment.