Official: AC Milan add two new members to Board of Directors – the changes | OneFootball

AC Milan have officially expanded its Board of Directors by appointing two new members to it, it has been confirmed.

During today’s Ordinary Shareholders’ Meeting it was confirmed (as per the official website) that David Castelblanco has been added to the Milan board, and he will be working on the stadium project.

He replaces Kevin LaForce, while Dominic Mitchell (of the Elliott Management) is the other new addition. Thus, the actual size of the BoD has only increased from 11 members to 12, and not by two.

“During the ordinary shareholders’ meeting of Associazione Calcio Milan SpA called today, the appointment by co-optation of David Castelblanco, currently Partner of RedBird Capital Partners, to the position of Director of AC Milan SpA was confirmed and Dominic Oliver Mitchell, of Elliott Investment Management, was appointed as a new member of the same Board of Directors, effective from today,” the press release reads.

The new Board of Directors of the Rossoneri club is now composed as follows:

Five members of RedBird Capital:

➤ Gerry Cardinale ➤ Randy Levine ➤ Mark Dowley ➤ Robert Klein ➤ David Castelblanco

Two members of Elliott Management:

➤ Gordon Singer ➤ Dominique Mitchell

Four members of AC Milan:

➤ Paolo Scaroni (president) ➤ Giorgio Furlani (CEO, former manager of the Elliott fund) ➤ Stefano Cocirio (CFO, former manager of the Elliott fund) ➤ Alfredo Craca

An independent member (but appointed by RedBird):

➤ Richard Stefanelli

The Board of Auditors:

➤ Franco Carlo Papa (president) ➤ Caesar Ciccolini ➤ Alberto Dello Astrologer ➤ Luca Sala (Deputy Auditor) ➤ Alessandro Ceriani (Deputy Auditor)

In other news related to off-field events, the Deloitte Money League today showed that Milan had the highest revenues (excluding player sales) of any Serie A club for 2024.