Channel 4 chief Mahon to run live entertainment group behind Cornwall’s Boardmasters festival

Alex Mahon, the Channel 4 chief executive, is to become the new boss of the live entertainment group behind Cornwall’s Boardmasters festival.

Sky News is reporting that Mahon, whose departure after eight years at the state-owned broadcaster was announced earlier this week, is to take the helm at Superstruct Entertainment.

Superstruct, which is owned by the buyout firms KKR and CVC Capital Partners, is expected to announce the appointment this week, according to private equity insiders.

Superstruct owns and operates more than 80 music festivals across 10 countries in Europe and Australia.

Its portfolio includes some of Europe’s most popular festivals, including Wacken Open Air, Defqon.1, Tinderbox, Boardmasters and Sónar, which is held annually in Barcelona.

Mahon’s arrival at the company comes nearly a year after it was bought by KKR in a deal worth about £1bn.

CVC took a minority stake in the business several months later.