Thomas Klingebiel, president of Sportfive’s media rights business, has left his position, according to SportBusiness.
Klingebiel was responsible for Sportfive’s media rights operations and played a senior role in the agency’s international sports broadcasting business. His responsibilities included developing the company’s media rights portfolio and managing commercial relationships with rights holders across markets.
The reasons for Klingebiel’s departure and details of any succession plan have not been disclosed.
The exit comes as Sportfive continues to expand and reshape its media rights activities across international markets. The agency recently identified Argentina as a key market in its deal with ProEnter, highlighting its continued focus on developing its presence in major sports markets.
Klingebiel’s departure represents a significant leadership change for Sportfive’s media rights business at a time when competition for sports broadcasting rights and commercial opportunities continues to intensify globally.