Interep President & COO George Pine Exits
October 10, 2006 at 12:15 PM (PT)
INTEREP Pres. and COO GEORGE PINE is exiting the company, effective immediately, having taken a Voluntary Separation Agreement which was offered in AUGUST to company employees over the age of 50.
INTEREP Chairman and CEO RALPH GUILD said, "GEORGE has been an asset to our company for over 30 years. He led our company at a time of tremendous change within our medium and should be commended for resilience in the face of challenge. GEORGE is truly one of the top executives in our industry. We wish him all the best in his future endeavors and are grateful to him for his leadership, dedication and service through the years."
I look forward to participating in radioâ??s next phase of growth
Added PINE, "My decision to leave INTEREP after 33 years was very difficult. I have lived every day at INTEREP full of passion for the company, our clients, our customers and my co-workers. But I am truly looking forward to taking this next step in my life. There are too many people to name who I want to thank for making my years at INTEREP so meaningful. I believe there are many opportunities ahead for both INTEREP and for our industry. I look forward to participating in radio’s next phase of growth."
While a successor to PINE has not yet been named, GUILD will temporarily oversee PINE’s responsibilities. The company has hired an executive search firm, and expects to announce its plans to fill the position, internally or externally, by the end of the year.