LONDON, Sept 14 (Reuters) - Arsenal's CEO Vinai Venkatesham will step down next summer, the Premier League team announced on Thursday. Venkatesham joined Arsenal in 2010 and was appointed managing director in 2018, after Ivan Gazidis left to join AC Milan, before being named CEO in 2020. Now is not the time for goodbyes as I remain focused until my last day and supporting a seamless transition," Venkatesham said in a statement. "The board is fully supportive of Vinai's desire to pursue his next challenge," Arsenal co-chair Josh Kroenke said. Arsenal, who are in fifth place two points behind leaders Manchester City, visit Everton on Sunday.

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Persons: Vinai Venkatesham, Venkatesham, Ivan Gazidis, Mikel Arteta, Josh Kroenke, Aadi Nair, Ken Ferris Organizations: Premier League, Arsenal, AC Milan, Manchester City, Champions League, Everton, Thomson Locations: Bengaluru