Formula E is expected to appoint a new senior executive later this week, e-racing365 has learned.
Jamie Reigle, the executive vice president of business operations for the Los Angeles Rams NFL team, is widely tipped to be joining the ABB FIA Formula E Championship to succeed Alejandro Agag in the role as CEO.
Agag became chairman of Formula E last December and announced that a new CEO was being sought to head the London-based Formula E team.
Reigle is expected to be ratified as the company’s new CEO during an annual general meeting in London with Formula E Operations this week.
Prior to his role at the LA Rams, Reigle spent a decade in a senior executive position at Manchester United football club with roles in both Hong Kong and the UK.
A member of Manchester United’s board of directors, he worked for the Old Trafford-based club as group commercial director and managed the business’s Asian operations.
The 41-year-old Canadian has also worked with The Carlyle Group and J.P. Morgan.
A Formula E spokesperson has yet to reply to e-racing365’s inquiry when having reached out for comment.
Reigle’s expected appointment is understood to be at the behest of Liberty Global, which holds the largest stake in Formula E, believed to be in the region of 24 percent.
While still attending Formula E events in his new role, Agag is expected to spend increasingly more time on his new Extreme E project in the coming years.
Teams had largely given their backing to Formula E co-founder and and deputy CEO Alberto Longo recently.
The precise nature of Longo’s role in Formula E remains unclear.
Extreme E showcased its first running car, the Odyssey 21-designed and Spark Racing Technology-manufacturers off-road electric racer at the Goodwood Festival of Speed earlier this month.