Richard schaefer disney
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CEO Schaefer leaves De La Hoya's Golden Boy in shakeup
Richard Schaefer, the longtime partner with Oscar De La Hoya in Golden Boy Promotions, announced Monday he is leaving the company over disagreements he has had with the founder of the company that bears his nickname from his fighting days.
Schaefer, the former Swiss banker who has served more than a decade as chief executive officer of the boxing company, issued a statement Monday saying it was time to move on to other opportunities.
"After more than 10 years with Golden Boy, it is time to move on to the next chapter of my career," Schaefer said in a statement.
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"This decision has required a great deal of personal reflection, but ultimately I concluded that I have no choice but to leave. I have succeeded in banking and I have succeeded in boxing, and I look forward to the next opportunity.
"I am proud to remain a shareholder, so I have a strong interest in the continued success of the company.
I am proud of what we have acc
