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There was a thread not long ago that mentioned an FMIC debt refinance deal and we were speculating on why the company was doing it.
I just received a letter in the mail that states Bill Schultz, FMIC CEO has retired as of 4/1/05 and Bill Mendello is now assuming the CEO position.
I'm sure part of that refinance deal put a bonus in the hands of Bill Schultz as he was largely responsible for growinging the Fender name from virtual extinction to being the number one guitar brand in the world.
I just received a letter in the mail that states Bill Schultz, FMIC CEO has retired as of 4/1/05 and Bill Mendello is now assuming the CEO position.
I'm sure part of that refinance deal put a bonus in the hands of Bill Schultz as he was largely responsible for growinging the Fender name from virtual extinction to being the number one guitar brand in the world.