Joe Schwartz Resigns From Cherry Creek Radio

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After 38 years in the radio business, and 14 with the company he started, Cherry Creek Radio, Joe Schwartz has resigned from the company, effective immediately. Schwartz tells Radio Ink it was just the right time to step away. Schwartz founded the company in 2004, with the purchase of Commonwealth Communications which had 24 stations in nine markets. Today, Cherry Creek has 54 stations in 11 markets.

In July of 2014, Schwartz refinanced the company with Sankaty Advisors which is part of Bain Capital. He tells Radio Ink what he’s going to miss the most about the company and the radio business is the people he’s worked with for so many years. From what we understand, a search will be conducted to find a new CEO. Reach out to Joe via his e-mail at [email protected].

2 COMMENTS

  1. I thought the same thing. He “resigned from the company effective immediately.” Yeah, right.

    Perhaps a little karma at work in the Universe. Joe was a lot of talk…

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