February 4, 2008 / 7:44 PM / in 10 years

Live Nation elects Cohl as Chairman

<p>Promoter Michael Cohl holds his plaque at a Canada Walk of Fame induction ceremony in Toronto, June 5, 2005. Touring and promotion company Live Nation Inc said on Monday it has elected Cohl as chairman of its board, effective immediately. REUTERS/Mike Cassese MC</p>

NEW YORK (Reuters) - Touring and promotion company Live Nation Inc said on Monday it has elected Michael Cohl as chairman of its board, effective immediately.

Cohl, who was previously vice chairman of the company’s board, will continue in his role as chairman and chief executive of Live Nation Artists.

Live Nation said Cohl is credited with developing the concept of ‘global’ touring and aftermarket tour revenue opportunities such as books, television shows, videos and merchandise.

Reporting by Yinka Adegoke; editing by Jeffrey Benkoe

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