Page "Nightly Business Report" Paragraph 28

On November 16, 2010, NBR Worldwide Inc. announced the promotions of Rodney Ward from Executive Editor to Executive VP of Special Projects.

Ward's former executive editor duties were assumed by managing editor Wendie Feinberg, who was also promoted to VP / Managing Editor.

Those changes also didn't last long.

On July 11, 2011, following the decision of PBS to drop the broadcast from its national schedule and cut all funding, NBR Worldwide Inc. announced the departures of Rodney Ward as Executive VP of Special Projects, and Wendie Feinberg, as VP / Managing Editor.

In a press release, NBR Worldwide said the moves were "... part of its ongoing efforts to streamline operations and maximize resources.

" CEO Mykalai Kontilai said Miami-based anchor Tom Hudson would assume the role and title of Managing Editor, in addition to his current on-air duties.

In November 2011, Rick Ray succeeded Kontilai as CEO after Kontilai sold the company to Atalaya Capital Management, a private equity firm based out of NYC.

Ray is now CEO of NBR Worldwide Inc. and currently shares the executive producer title of NBR, with Kontilai.