Peter Luukko Out at Comcast-Spectacor

Ed Snider's heir apparent is apparently gone.

Philadelphia Business Journal reports: “Peter A. Luukko is out as president and chief operating officer of Comcast-Spectacor, where he was viewed by many as the man who would one day replace Ed Snider as chairman of the Philadelphia sports and entertainment company.”

Luukko was the guy who oversaw Comcast-Spectacor’s day-to-day operations and was responsible for creating new business opportunities in the fields where the company competes — namely facility management, sports ownership and operation, and food and concessions.

During the past decade-and-a-half, Luukko became responsible for managing Comcast-Spectacor’s growing interests in sports-related subsidiaries, highlighted by the company’s acquisition of facility management company Globe Facility Services [now Global Spectrum] and Leisure Food Services [now Ovations Food Services], both in 2000, and its investment in ticketing technology company Paciolan, which it used to create a full-service ticketing company, New Era Tickets, in 2004. Comcast-Spectacor acquired 100 percent of Paciolan from Live Nation in 2010.

No word on the reason for Luukko’s departure.