
Two days before Robert Sillerman officially stepped down from the CEO of SFX Entertainment, he wrote an emotional goodbye letter to the staff. He addressed the disappointment that everyone including him felt but went on to talk about the hope which he stresses should not die in wake of the recent happenings. He says that he has faith that with a renewed energy to find their path they could achieve the mission they all set out to achieve in the first place. He will remain the Chairman of the Board and says that this is more of a shifting of roles towards a collaborative tomorrow. He will no longer be at the head of the company starting March 31.
As most of you are aware Thursday, March 31, will be my last day as CEO of SFX. I will remain as Chairman of the Board. The disappointment I know we all feel should not be the lasting impression that remains. We had a bold vision, a revolutionary one. That we stumbled along the way can never detract from the energy and hope that brought us all together. As we enter this next phase, despite the place we find ourselves, there is much to be proud of. It remains incumbent on all of us to refocus our energies and find the path to success that is out there. I am confident that with renewed discipline combined with passion and creativity that our original goals can and will be met.
As Chairman I remain available to help in any way that I can. I maintain both an emotional and financial interest in our company’s success and intend to participate as and when called upon. As such this is anything but a goodbye; rather a reset of roles with a renewed emphasis on collaborative success. While we aren’t where we wanted to be, and will be, it has been an honor and a pleasure.
H/T: Billboard

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