So, if we are to believe the announcement yesterday, Regent CEO Bill Stakelin and CFO Tony Vasconcellos have been shown the door.
Don't get me wrong -- it was all nicey nice. "They have chosen this moment to move on" is what the new owners said.
Regent emerged from bankruptcy with a group of investment capitalists running the show. After all, they traded debt for equity and became the owners -- a familiar scenario in radio these days.
Steven Price (industry veteran Bob Price's son) is the new CEO and chairman.
Stuart Rosenstein the new CFO.
Thus, Oaktree Capital has installed its own management with the&hellip