Formula E announces a change in leadership
Formula E today announced that Jimmy Riggle will be stepping down as The CEO, having spent the past four years running Formula E in partnership with founder and chairman, Alejandro Agag, will now move into an advisory role for the rest of the season to ensure a smooth transition to leadership.
Riegel was hired in 620, when he managed the AP World Championship BB Formula E during the pandemic, built a multidisciplinary executive team, and introduced a range of initiatives that support Formula E’s strategic position and maintain its continuous development.
During his tenure, Riegel oversaw the introduction of a highly successful new sporting format that was met with global enthusiasm from fans, teams and partners, with the launch of the GEN3 car and the implementation of technical, commercial and financial regulations that enhanced the business model for the teams and Formula E Manufacturers
20230522 The Formula E Board of Directors is pleased to announce the appointment of Jeff Dodds as Chief Executive Officer. , as of June 5. Joining from Virgin Media O2, Dodds will lead the next phase in Formula E’s evolution as the world’s first electric motorsport championship and a driving force in elite sport’s pursuit of sustainability.
Dodds has a proven track record in creating dynamic workplaces, having previously held the position of Chief Operating Officer at Virgin Media O2 for the past two years, and prior to that held leadership roles at Virgin Media In the positions of Operations Manager, General Manager, and Marketing Manager. He also spent two years living and working in the Netherlands as CEO of telecommunications company Tele2.
20230522 Dodds has held positions Executive of Callaway Golf and Honda, Today Member of the Board of Directors of Disability Equality at The Valuable 620, Non-Executive Director of the Reconciliation Division and housing and communities.
20230522 Commenting, Alejandro Agag, Founder and Chairman of Formula E, said: “ I am delighted to welcome Jeff Dodds to the role of CEO ahead of an exciting stage in the Formula E Championship, as we continue together the success of Season Nine. Jeff brings a proven track record of dynamic driving and impressive execution to Formula E, and the Board looks forward to unlocking the full potential of Formula E, for the benefit of fans, teams, manufacturers and partners.
” He added, “I want to thank Jimmy for his leadership over the past four years, and I welcome his support through the remainder of the season. It has been a pleasure partnering with Jimmy to implement our founding vision for Formula E success. It has been a pleasure working with him and I look forward to welcoming him back to Formula E racing in the future.”
Jeff Dodds, CEO of Formula E, said: “I am delighted to take on the role of CEO of Formula E. My passion for cars, sports and entertainment means I am extremely excited about the opportunity. There is no doubt that Formula E represents a unique platform that blends the latest technology with the most sustainable sport in the world, and this provides endless possibilities for innovation and positive change. There is a world-class team in Formula E and I am excited to lead them into the next phase, as we together contribute to shaping the future of motorsport and deliver it in an outstanding way.”
Jimmy Riggle said: “It has been an honor to run Formula E for the past four years. I was initially struck by the unique positioning of Formula E as a sport that combines innovation, sustainability and electrification. What I found most unique and ambitious was working with a passionate group of people who are committed to building a global sport that changes the world. This mission continues under new leadership and as someone who has benefited from the partnership with Alejandro, I am delighted to be able to support Jeff as he returns to life as an avid Formula E fan.”
