Stakelin, Vasconcellos Get New Deals From Regent
January 8, 2010 at 5:52 AM (PT)
In an 8K filing with the SEC, REGENT COMMUNICATIONS has reported that Pres. WILLIAM STAKELIN and EVP/CFO ANTHONY VASCONCELLOS will remain with the company.
The filing stated, "Employment agreements dated DECEMBER 28, 2007 for each of Mr. WILLIAM L. STAKELIN, President and CEO of REGENT COMMUNICATIONS, INC. (the "Company") and Mr. ANTHONY A. VASCONCELLOS, EVP and Chief Financial Officer of the Company, expired effective DECEMBER 31st, 2009. Accordingly, on DECEMBER 31st, 2009 the Company entered into new employment agreements with each of Messrs. STAKELIN and VASCONCELLOS, attached hereto as Exhibits 10.1 and 10.2, respectively, to retain their services with the Company."
STAKELIN renews for a base salary of $366,057 a year. VASCONCELLOS' base salary is $277,172 for this year.