TEG parts ways with AC/DC promoter Christo Van Egmond amid restructuring

The departure of the high-profile promoter follows a wave of job cuts at the PE-backed ticketing group, signaling continued operational shifts under new leadership.

By Handelsavisen Newsroom · Automated 2026-07-22 02:02 UTC · 1 min read

Private equity-backed entertainment group TEG has parted ways with Christo Van Egmond, the prominent concert promoter who oversaw AC/DC’s record-breaking tour last year.

The exit marks a significant personnel change for the owner of Ticketek, coming as the company navigates a period of strategic realignment.

Van Egmond’s departure follows a broader restructuring effort at TEG, which recently eliminated 42 positions.

The cuts were part of a wider overhaul led by new chief executive Cameron Hoy, who took the helm less than a month after the departure of former CEO Brad Banducci.

The move suggests that the new management team is continuing to reshape the organization’s operational structure.

The timing of Van Egmond’s exit is notable given the recent success of the AC/DC tour, which generated substantial revenue and attention for the ticketing platform.