The Team forms new 11-member board after Wasserman rebrand

The Team, a global sports, music, and entertainment company formerly known as Wasserman, has announced a new 11-member board of directors. The board includes leaders from across the company’s divisions and is intended to guide the firm’s next phase of growth, according to Deadline.

Mike Watts, the CEO who took charge following founder Casey Wasserman’s exit earlier this year, will serve on the board. Other members include Elizabeth Lindsey, president of brands and properties; Jason Ranne, president of global talent representation; and Kevin Shivers, co-president of music, Variety reported.

The board also features Jon Liebman, CEO of Brillstein Entertainment Partners, which was acquired by Wasserman three years ago and operates autonomously under The Team banner. Additional members include Matthew Vandrau, president of EMEA & APAC; CFO Elena Rochelli; and Providence Equity Partners representatives Davis Noell and Greg Brown, as reported by Hollywood Reporter.

Providence Equity Partners is the majority investor in The Team, having acquired Wasserman’s stake after a bidding process over the summer. The private equity firm has been invested since 2022, replacing prior backers RedBird Capital and Madrone Capital Partners.

The rebranding and new board formation come after a turbulent period for the company linked to Wasserman's departure amid controversy and artist departures. The Team aims to stabilize and rebuild its music roster and continue growth in the competitive sports representation market alongside firms like CAA.

The company plans to add external board members in the coming months, signaling ongoing efforts to strengthen governance and strategic oversight as it moves forward under its new identity.