Leadership Transition at TEG: Cameron Hoy Appointed Group CEO
Sydney, Australia — The live entertainment and ticketing giant TEG has announced a significant leadership change, with Cameron Hoy appointed as its new Group Chief Executive Officer (CEO), effective June 1, 2026. Hoy succeeds Brad Banducci, who is stepping down after a year in the role, marking a strategic shift for the company.
Banducci’s Tenure and Transition
Banducci, who joined TEG just over a year ago, outlined his rationale for the transition in a statement: “When I joined the Group just over a year ago, I came in to do a specific role — to set the Group up for the next horizon of growth. I felt the time was right to transition leadership of the Group.”
His departure follows a period of restructuring and strategic realignment at TEG, though the company has not disclosed specific challenges during his tenure. Banducci highlighted Hoy’s extensive experience in the live entertainment and ticketing industry, noting, “Cam has been part of the live entertainment and ticketing industry for more than 20 years — through growth, change, and every version of this industry.”
Cameron Hoy’s Rise to CEO
Hoy, currently serving as Chief Operating Officer (COO) and Head of Global Ticketing, has been a key figure at TEG since joining in January 2019. His career trajectory includes a promotion to Managing Director of Ticketek in 2023, followed by his current role as COO and head of global touring. His appointment as CEO underscores his deep familiarity with TEG’s operations and industry landscape.
In his new role, Hoy emphasized the company’s mission: “TEG exists to partner with the world’s best venues, promoters, and rightsholders to connect fans to the moments that matter most. I am honored to lead such an entrepreneurial business and team.”
TEG’s Structure and Ownership
TEG, based in Sydney, is a major player in live entertainment, ticketing, and technology. The company’s portfolio includes Ticketek, TEG Dainty, TEG Van Egmond, TEG Live, TEG Sport, TEG Experiences, and Ovation. It is owned by Silver Lake, a U.S.-based private equity firm, following a $1.3 billion acquisition in 2019.
Ticketek, TEG’s flagship ticketing division, serves over 20,000 events annually, including major concerts and sporting events across Australia. The company operates seven international offices, including locations in the UK, Singapore, Malaysia, and the Philippines.
Context of the Leadership Change
The transition comes after a period of strategic evolution for TEG. Banducci’s appointment in 2025 followed the departure of long-standing CEO Geoff Jones, who moved to the chairmanship. Hoy’s promotion reflects the company’s focus on sustained growth and operational excellence in a competitive market.
While details about the challenges faced during Banducci’s tenure remain undisclosed, the leadership shift signals TEG’s commitment to stability and innovation in the live events sector.
As Hoy assumes the CEO role, the company’s future direction will likely hinge on its ability to adapt to evolving consumer demands and technological advancements in ticketing and event management.