Tuesday, May 08, 2007

Ilitch steals Anschutz exec gearing up for major Red Wings arena project


OLYMPIA ENTERTAINMENT NAMES NEW PRESIDENT TO OVERSEE COMPANY GROWTH

DETROIT - Dana Warg, a 26-year entertainment and sports facility operations expert, has been named president of Olympia Entertainment. In his new assignment Warg will direct one of the most diverse entertainment and sports companies in the United States. In addition to leading the company as it addresses future strategic growth and expansion opportunities, Warg will oversee the operation of Detroit's fabulous Fox Theatre, as well as booking and operations responsibilities for Joe Louis Arena, home to the Detroit Red Wings, Cobo Arena, City Theatre and various other venues in metro-Detroit. Warg will also coordinate the concert bookings and related entertainment activity at Comerica Park, home to the 2006 American League Champion Detroit Tigers...

Warg, comes to the Motor City from Los Angeles, where he most recently served as facilities senior vice president for AEG (Anschutz Entertainment Group) since October 2004, and oversaw the day-to-day booking and operations for all AEG owned and operated venues in the United States, England and Germany, including the STAPLES Center in Los Angeles, Nokia Theatre at Grand Prairie (Texas), and the Colosseum at Caesars Palace (Las Vegas).

Warg replaces Randy Lippe, who was appointed senior executive, Arena Development, for Olympia Development in August 2006. Lippe has continued to oversee Olympia Entertainment while leading Olympia Development's efforts as it evaluates renovating Joe Louis Arena, the home of the Detroit Red Wings, or designing and building a new arena. Olympia Development is an Ilitch-owned real estate and community development company.

In addition to Olympia Entertainment, Ilitch-owned businesses (Ilitch Holdings, Inc.) in the food, sports and entertainment industries include: Little Caesars Pizza, the Detroit Red Wings, Detroit Tigers, Olympia Development, Blue Line Foodservice Distribution, Champion Foods, MotorCity Casino, Uptown Entertainment, Little Caesars Pizza Kit Fundraising Program, and a variety of venues within these entities. 2006 total combined revenues of Ilitch-owned companies exceeded $1.6 billion. (Full Story)

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