Flo Rogers is “stepping down” as CEO of Nevada Public Radio, the organization’s board of directors said in a statement Friday.
“Nevada Public Radio is facing significant business challenges that have resulted in severe cash flow issues,” the directors said in a statement.
Jerry Nadal, a former chair of the board and a Cirque du Soleil executive, will serve as interim CEO starting Sept. 23.
“During this transition period Flo Rogers has graciously agreed to assist the Board of Directors,” the statement said.
The board plans to implement “major cost-cutting efforts,” which have already included laying off “all four of our NV89 (our Reno station) staff members,” and “exploring the sale of Northern Nevada and Utah assets.”