Maple Leaf Sports & Entertainment has a new boss.

The sports and entertainment conglomerate announced Friday that Tim Leiweke has been appointed the company’s new president and chief executive officer, effective June 30.

"Tim Leiweke is one of the top sports executives in the world, renowned for his ability to build championship teams, premier entertainment events, and innovative brand and marketing opportunities," MLSE chairman Larry Tanenbaum said in a news release. "Tim is a leader who understands what fans want and what it takes to build winners. With his deep leadership experience and unparalleled success at the highest levels of professional sports, Tim's the right CEO at the right time to lead the transformation of MLSE."

The position has been vacant since Richard Peddie stepped down last year.

Leiweke was most recently president and CEO of Anschutz Entertainment Group (AEG), the international sports and entertainment company that owns the Los Angeles Kings, reigning Stanley Cup champions of the National Hockey League; the Los Angeles Galaxy, reigning MLS Cup champions of Major League Soccer; a stake in the Los Angeles Lakers of the National Basketball Association; and sport and entertainment facilities such as the Staples Center, the Home Depot Center, the L.A. Live entertainment complex, and other high-profile venues across the United States and around the world.

"I'm honoured and excited to be chosen to lead MLSE, a world-class sports and entertainment organization with the major league teams, premier facilities and employee team that rank with the very best across North America and internationally," Leiweke said in the statement. "MLSE is woven into the character of Toronto. The loyal and passionate fans of MLSE's teams want sports championships for this great city. They want excitement on the ice, on the court, on the pitch and on the stage. And they want MLSE to be an active part of their community. I am committed to delivering for them when I begin my new role as CEO of MLSE."

"My family and I eagerly look forward to becoming part of the community in Toronto, one of the great cities of the world, and to joining the passionate and dedicated fans of the Maple Leafs, the Raptors, Toronto FC and the Marlies."