ARSENAL owner Stan Kroenke and director Josh Kroenke, who is his son, have been appointed co-chairs in boardroom changes made at the Premier League club.
In the restructure, Tim Lewis rose from non-executive direct to become executive vice-chair having been on the board since 2020.
Kroenke senior, 75, acquired a 9.9% stake in Arsenal in 2007 and became a majority shareholder in 2011. He assumed 100% ownership in 2018.
Arsenal confirmed the changes today on their official website.
“We are pleased to announce Stan Kroenke and Josh Kroenke have become our Co-Chairs whilst Tim Lewis becomes our Executive Vice-Chair,” the Premier League leaders wrote.
“The appointments are a recognition of how our leadership structure has evolved over the past several seasons since Kroenke Sports & Entertainment assumed 100 per cent ownership of Arsenal Football Club in 2018.
“Stan, Josh and Tim have worked together to drive our club forward and their appointments bring clarity to our structure that reflect their roles and responsibilities and will ensure we continue in our pursuit of progress and success.”
Stan Kroenke, who is American, said: “This is a simple evolution as part of us all driving Arsenal forward and further reaffirms our family’s long-standing commitment to this great club. Stability in football has never been more important as we move past the pandemic, and we believe this is the perfect time to formalise these roles.
“Our objectives and ambition will never waver – to field teams that compete for trophies at the highest level and lead our club in a way that inspires our passionate supporters around the world.
“Supported by our Director, Phil Harris, and together with our Executive Team and all our wonderful people, we have an incredible opportunity to build on the values and traditions of Arsenal Football Club.”
