CAA Global CEO Steve Hasker Leaves for TPG Role
The veteran media executive was hired for the then-newly created position 19 months ago.
CAA Global CEO Steve Hasker is leaving for a senior advisory role at parent company TPG, The Hollywood Reporter has confirmed.
Hasker was hired a year and a half ago to oversee CAA Global, which was then a new structuring of a number of the agency's investment-related assets and other businesses, including the joint venture CAA China, merchant bank Evolution Media Capital, early-stage VC fund CAA Ventures and technology incubator Creative Labs. Although the future organization of those companies under the portfolio known as CAA Global is unclear and no successor to Hasker has been named, the operation of each of those entities remains unchanged.
Formerly global president and COO of Nielsen Holdings and before that a partner in McKinsey's global media, entertainment and information practice, Hasker will now take a senior advisor position in TPG's Internet, Digital Media and Communications Group. Although he will no longer be employed as an executive and partner at CAA, he will remain on the board of Entertainment Benefits Group, which the agency invested in last year. TPG, which now calls itself a global alternative asset firm, is the majority owner of CAA.
"Since joining CAA, Steve has helped create the foundation for the next phase of growth at the agency," TPG co-founder and co-CEO Jim Coulter said in a statement, citing his strategy-building oversight of EBG, CAA China as well as the creation of data analytics tool CAA Intell. "We thank him for his leadership and look forward to working with him in his new capacity as a TPG senior advisor."
July 31, 9:55 p.m. Added statement and details from TPG.