Industry pioneer Richard Krezwick is to leave his position as chief commercial officer at ASM Global.

Krezwick, who has spent more than four decades in live events, announced on LinkedIn that he is to pursue new opportunities from September after concluding his notice period with his current employer.

Krezwick, seen by many as a leading figure in the development of London’s O2, said he decided to leave ASM Global amid the impact of Covid. He wrote: “I realised my entire career has been like driving the Autobahn… full throttle… every day, pedal to the metal. From the old Spectrum in Philly, around the world and back to ASM in Philly where it all began. It’s time to exit the highway once in a while and take the road less travelled.”

Krezwick took the step of uploading his CV to his LinkedIn profile, and added: “I’m looking forward to doing all I can for ASM in the coming weeks, then start brewing some entrepreneurial ideas, doing a few deals and staying close to the business that’s been so good to me and my family, for so many years. Stay tuned…”

His standing in the sector was illustrated by hundreds of reactions to his post and well wishes from others within the sector.

Uwe Frommhold, AEG chief operating officer, wrote: “Thanks for everything Rich! Has been a great pleasure to join you for a couple of ‘fast rides’ on the German Autobahn. Hope to see you again over here soon – there are lots of nice roads still to be taken at a lower pace!”

Marie Lindqvist, senior vice-president Europe at ASM Global, wrote: “You challenged me, believed in my capabilities and taught me so much about our amazing industry. For that I will always be grateful. I wish you the best of luck in your next phase and look forward to meet soon. Hopefully in a sold out arena!”

Krezwick’s previous roles include senior vice president facilities at AEG Europe from 2014 to 2018, in which he was responsible for all the group’s venues in Europe, including The O2.

He also spent four years as president of Devils Arena Entertainment from 2009 to 2013 and two years as regional vice-president of AEG Facilities from 2007 to 2009.