CEO Gary Cavey Ousted From Ballantyne Strong
Adrian J Cotterill, Editor-in-Chief
We did say back in April, we quote “With many shareholders displeased with the company’s financial results, we’ve seen a battle for the board of directors and Ballantyne CEO Gary Cavey‘s job in the balance” and so it came to pass.
Ballantyne Strong, Inc. (NYSE MKT:BTN) announced yesterday the departure of Gary L. Cavey from the positions of Director, President and Chief Executive Officer of the Company effective Friday, May 8, 2015.
Chris D. Stark, who has served as Senior Vice President and Chief Operating Officer of Ballantyne Strong since May 2010, has been appointed President.
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