Kenny Oâ??Keefe Named Managing Director Of Vestar Capital Partners
April 11, 2006 at 3:58 PM (PT)
Former CLEAR CHANNEL RADIO President/COO KENNY O'KEEFE has been named Managing Director of VESTAR CAPITAL PARTNERS. After retiring from CLEAR CHANNEL in 2001, O’KEEFE founded NEWVEN PARTNERS, a private investment and consulting firm specializing in the media and telecommunications industries. Most recently, O'KEEFE served as a Sr. Advisor for VESTAR.
O’KEEFE said, "In recent years, the media and communications sector has emerged as an area of great potential for private equity investment. VESTAR’s proven strategy of partnering with management to invest in key areas of a business with the objective of long-term growth will be a formula for success in media investing in the years to come. Serving as a Senior Advisor to VESTAR over the past year has been a tremendously rewarding and challenging experience for me and I am delighted to join VESTAR RESOURCES and to continue to help build VESTAR’s substantial media and communications franchise."