On Wednesday morning, Arsenal announced an update to their board, with new titles for three key board members.
Arsenal confirmed on Wednesday that Stan Kroenke and Josh Kroenke have become Co-Chairs on the club’s board, whilst Tim Lewis is now Executive Vice-Chair.
The Kroenkes were previously directors, with Lewis previously a non-executive director.
The update is a change in name, but not in nature. As Stan Kroenke puts it in the Arsenal statement, the club are taking the opportunity to “formalise” the roles the trio already had.
Simon Collings reports that there’s no major overhaul to the previous structure, just a formalisation of the model that has been in place for a while.
Vinai Venkatesham remains the club CEO, working under and reporting to the Kroenkes and Lewis.
Arseblog explain that Lewis and Venkatesham work together on the football side, alongside Mikel Arteta, Per Mertesacker, Richard Garlick, and Edu Gaspar.
In Arsenal’s statement, Stan Kroenke writes: “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.”
In summary, don’t expect any major changes from this update. The new titles simply reflect what was already going on.