Lee Zeidman, longtime president of Crypto.com Arena, Peacock Theater and LA Live, announced his retirement on Friday (March 28).
“After 45 years in the industry, opening numerous venues and hosting approximately 6,500 events, I have decided I’m no longer interested in working full time and will move on to write the next chapter in the book of Lee,” Zeidman tells Billboard. “I’m looking forward to doing whatever I want, whenever I want, wherever I want and however I want.”
Zeidman says he has agreed to assist with the leadership transition with an official end date no later than Oct. 31, 2025. The building’s ownership group, AEG, has engaged an executive recruitment team to find Zeidman’s replacement and is splitting the job into multiple positions.
Zeidman is a graduate of Cal State Northridge and got his big break working at the Great Western Forum in Los Angeles. When the Lakers and Kings decided to move to Downtown Los Angeles, Zeidman was the first employee hired at their new home, Staples Center, and he helped manage the construction of L.A. Live, one of North America’s first entertainment districts.
In 2020, Zeidman was honored with the Association of Luxury Suite Directors’ 2020 Visionary Award. Under his management, Staples Center, later renamed Crypto.com Arena, hosted nine NBA championships, three Stanley Cup Finals and five WNBA Finals. The arena has also hosted a multitude of sold-out concerts, awards shows and high-profile events, including the Grammys and funerals for Michael Jackson, Kobe Bryant and Nipsey Hussle.
Zeidman says he has no immediate plans in his retirement but would like to teach and serve on the board of different non-profit groups or associations.
“I’m most looking forward to doing nothing,” Zeidman says. “Iv’e done this for 45 years, I’ve worked for some incredible leaders and feel incredibly lucky to have had this career.”
