Fedrizzi previously served as co-president and COO of AEG Presents’ Rocky Mountains and Pacific Northwest regions.
The longtime talent buyer will be based in London.
The company will also be booking and operating the new music venue at the development.
The executive has taken over the role from Gary Gersh, who announced his departure last month.
Rick Mueller, the company's president of North America, says helping artists evolve to play larger venues and offering premium experiences are priorities.
"I'm excited about the prospects ahead," says the executive, who will be succeeded by Rich Schaefer.
Amendments to the deal made three years ago extended the agreement through 2027 – presenting a puzzle for both parties.
In May, the performance rights organization won a 138% increase for songs performed at live events.
The 4,500 seat venue, built as part of FDR's New Deal, will continue to be booked by AEG Presents through 2032.
"This tour is probably the best example of what comes out of hard work and a love of performing," says AEG Presents vp of global touring and talent Debra Rathwell.