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Three Rangers board members depart amid American takeover revolution

Three Rangers board members depart amid American takeover revolution

Yahoo30-05-2025
Rangers Football Club is now under American ownership following a completed takeover.
The club's board has been reshaped, with Graeme Park, Julian Wolhardt, and former chairman Alastair Johnston stepping down.
These roles will be filled by Americans Mark Taber, Andrew Clayton, and Gene Schneur.
Andrew Cavenagh takes over from Fraser Thornton as chairman.
Thornton, however, will continue to be part of the board.
Paarag Marathe, head of 49ers Enterprises, steps in as vice chairman.
Chief Executive Patrick Stewart, along with John Halsted and George Taylor, remain in their roles.
These changes signify a new era for the club, with a blend of familiar and new faces guiding its future.
Mark Taber, managing director at Great Hill Partners, a growth equity firm based in Boston, is one of the new board members.
Taber, who specialises in healthcare investments, has been on the boards of over a dozen healthcare companies.
Read more:
Davide Ancelotti to Rangers '99 per cent done' as Italian snubs other offers
Celtic-linked Youssef El Kachati teases big move this summer
He is also a trustee of Boston Medical Centre's HealthNet health plan and a member of its finance committee.
Andrew Clayton, the co-founder and vice-chairman of ParetoHealth, is another new addition to the board.
ParetoHealth is a health insurance company founded by Andrew Cavenagh.
Clayton, who holds a degree in economics from Swarthmore College, serves on numerous business and philanthropic boards and committees.
Gene Schneur, a board member and co-owner of Leeds United, is the third new face.
The Florida-based businessman is the managing director and co-founder of SBV RE Investments LLC, a real estate firm specialising in multi-family residential properties.
Schneur was also a co-founder and leader of Omni New York LLC and Omni America LLC, which ranked among the United States' top developers of affordable housing.
Under his leadership, Omni expanded to more than 800 employees and developed or acquired 94 properties, comprising over 19,000 affordable housing units, with total transaction values exceeding $4 billion.
Before establishing Omni, Schneur worked as a mergers and acquisitions attorney at Olshan Grundman Frome Rosenzweig & Wolosky LLP in New York.
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