Several Sources Say Three Top Executives from Magic Coo are leaving the company. These individuals include a co-founder, a chief operating officer, and the head of marketing. In addition, it has been reported that several others will be leaving the company.
Three top executives are leaving the company
Among the Orlando Magic’s top executives are leaving the team, including longtime executive Matt Furlong, who was promoted to the CEO position at Amazon. Another executive is stepping down, though no specific reason was given. The team announced last month that it would be cutting 160 management roles, and it appears that the company is in the midst of restructuring.
The team has had several successes during the past decade, including a 90 percent season ticket renewal rate in 2007 and a Professional Sports Team of the Year award. Last season, the team distributed more than $1 million to local charities.
The Magic also has a number of notable women among its executives, including Shelly Wilkes, the team’s first female team president in the G League. Wilkes started with the Magic as a game-night staff member in the marketing department during the 2003-04 season. She was later hired full-time as a group sales coordinator. She is currently a member of the team’s Executive Committee, and she serves on the board of directors for the Coalition for Homeless of Central Florida. She also has been named to SportsBusiness Journal’s Forty Under 40.
The Orlando Magic’s data and analytics program has been regarded by sports industry professionals as one of the best in the industry. According to the team, it is considered the best in the NBA. In the past, the team has received several awards, including being named NBA’s professional sports team of the year in 2006.
Alex Martins is the Orlando Magic’s chief executive officer. He has spent the past 34 years in professional sports management, including a stint as president of the team. He also serves as the team’s alternate governor to the NBA Board of Governors. He is a member of several boards in the sports industry, including the University of Central Florida’s DeVos Sports Business Management Program advisory board. He is also a member of the Board of Directors for the Second Harvest Food Bank of Central Florida.
The team is also a member of the Orlando Tech Council, part of the Orlando Economic Partnership. The Orlando Magic Youth Foundation has distributed $26 million to local nonprofits, including a $1 million grant last season. The foundation is a 501(c)(3) nonprofit that works to support local nonprofits through a series of youth programs.
