MTK Global CEO resigns after 'pressure of the last few weeks'

  • 📰 The42_ie
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 86%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Bob Yalen has been leading the boxing management company for four years.

Image: Ryan Byrne/INPHO Image: Ryan Byrne/INPHO BOB YALEN HAS stepped down as the CEO of MTK Global, the boxing management company announced today.

MTK Global last week insisted that they would comply fully with the worldwide financial sanctions against Daniel Kinahan handed down by the US government as part of a campaign targeting organised crime.“MTK parted ways with Mr Kinahan in February 2017,” the company said. “He has had no interest in the business since then, and will have no future involvement with us.”“We regret to announce that Bob Yalen has today stepped down as CEO of MTK Global for personal reasons.

“Bob Yalen said: “I am incredibly proud of the success of MTK Global and I feel privileged to have served as President and CEO since 2018.DIFFERENTLY Get closer to the stories that matter with exclusive analysis, insight and debate in The42 Membership.“However, the pressure of the last few weeks has been particularly intense. I need to consider the impact on myself and my family. So after four years leading MTK, I think it’s time for me to step aside to take on new challenges.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

About to come in to a 5m windfall?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines