Bain's Ian K. Loring Leaves iHeartCommunications Board, John Belitsos Replaces Him
July 25, 2016 at 3:59 AM (PT)
BAIN CAPITAL Managing Director IAN K. LORING has resigned from the board of iHEARTCOMMUNICATIONS, INC. as of WEDNESDAY, JULY 20th, and another BAIN CAPITAL principal, JONATHAN (JOHN) BELITSOS, has been named to the board to fill the seat left open by LORING's resignation. The change was disclosed in an SEC filing last WEEK.
BELITSOS has been with BAIN CAPITAL since 2005 and was with GOLDMAN SACHS and DEUTSCHE BANK before that; he is also on the board of D&M HOLDINGS, INC and is not projected to be appointed to any of iHEART's board committees.