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Peddie to depart Maple Leaf Sports & Entertainment

Richard Peddie will retire as president and chief executive officer of Toronto-based Maple Leaf Sports & Entertainment on Dec. 31. He will also retire from the company's board on that date. A committee has been formed that will work in association with Korn/Ferry International to find a replacement. Peddie has been president and CEO of the company since its formation in 1998 after the purchase of the Toronto Raptors and Air Canada Centre by Maple Leaf Gardens. Maple Leaf Sports & Entertainment owns the Toronto Maple Leafs, the Toronto Raptors, the Toronto Marlies, Toronto FC, Air Canada Centre, Maple Leaf Square and the digital television channels Leafs TV, NBA TV Canada and GolTV Canada. The company also has investments in the Ricoh Coliseum, BMO Field, Lamport Stadium and the MasterCard Centre for Hockey Excellence.

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