Posted under Venture Capital
from http://www.pehub.com 798 days ago

City Sports President and CEO Jeff Connor has resigned from his roles at the company, effective immediately. He spent 22 years with the company, and was CEO since December 2008. Tom Stemberg, chairman of Highland Capital, named the company’s CFO Jim Kessler to the acting CEO role until a new one has been found “in the coming weeks,” according to a statement.

PRESS RELEASE:

BOSTON, Aug. 16, 2012 — City Sports today announced the resignation of President and CEO Jeff Connor, effective immediately. Chairman Tom Stemberg of Highland Capital has named City Sports’ Chief Financial Officer Jim Kessler as acting CEO until a new appointment is announced in the coming weeks.
“After 22 rewarding years as part of the City Sports team, it’s time for me to make a change,” said Connor, who was named CEO in December of 2008. “At this juncture, it’s best for City Sports ...

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