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New RadiumOne CEO Explains Leadership Change

  • Re/code, Wednesday, April 30, 2014 12:16 PM
RadiumOne’s new CEO Bill Lonergan is responding to ousted leader Gurbaksh Chahal, and his claims of betrayal by the company’s board. “Since he was fired over the weekend … Chahal has been on a tear on social media, accusing the board of encouraging him to plead guilty [to two misdemeanors of battery and domestic violence] and then betraying him,” Re/Code reports. In a memo, Lonergan writes: “Given recent developments, it became clear that Gurbaksh’s ability to lead the company had been severely compromised by the legal proceedings.”

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