CEL Execs Ankle

The entire senior exec roster of major Aussie sell-through homevid distrib CEL suddenly ankled May 3 following apparently premature moves toward staging a management buyout. Management of parent company Pro-image (in receivership) hadn’t been consulted, per m.d. Les Lithgow. Neither had the comany’s receiver/manager.

Resignations came from m.d. Karl O’Farrell and general managers Irene Taylor and Karen Clark, plus other senior management. Replacements are being sought immediately.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Scene News from Variety

Loading