Cameron Hoy, chief operating officer and head of global ticketing, rises into the vacant, top position.

Brad Banducci and Geoff Jones

SYDNEY, Australia — There’s a changing of the guard at TEG, as Brad Banducci announces his departure a year to the month since he was unveiled as the new chief executive of the Australia-based live entertainment, ticketing and tech giant.

At the same time, Cameron Hoy, chief operating officer and head of global ticketing, rises into the vacant, top position.

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