12-8-2011
Former Main Line Broadcasting President and CEO Dan Savadove is giving a little more detail about why he left the company he was running the past seven years. "I believe it to be in the mutual interest of all concerned. My decision is primarily based on my independent personal objectives and views." Savadove says the parting was completely amicable.
Radio veteran Nancy Vaeth-DuBroff took over Savadove's position yesterday. Savadove added "I wish and expect only the best for the company and, in fact, will be rooting strongly for its success as I am choosing to remain a significant shareholder in the company."
Main Line Broadcasting owns 19 stations in four markets: Louisville, KY, Dayton, OH, Richmond, VA, and Hagerstown, MD. Savadove said he was "most proud of the many accomplishments of the Main Line Broadcasting management team and employees best illustrated by our revenue growth and operating margins which consistently ranked among the radio industry?s best. As for me, I am going to enjoy the holidays and some much needed personal R & R with my family, and I then expect to embark on the next phase of my 35 year career in the only industry that I know, fully believe in, and love, radio."
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