Page 2 - Jonathan Bowman News Today

The university announced the school’s CFO, tasked with turning around the NPR station’s operations, among those to resign.

Only seven board members remain, including the station’s interim General Manager and Sac State’s student body president. Another top executive is no longer with the station, the station confirmed Thursday.

On Wednesday night, 13 members of Capital Public Radio’s board resigned over what they said was a failure by Sacramento State to work with them.

In a letter sent to university President Luke Wood, the board members cite "a failure of Sac State to inform and engage with the board in a good faith effort" following a CSU audit that showed significant financial mismanagement at the station.

“We need to understand at a deeper level what happened, how it happened, who knew, so that we can be responsible stewards of this entity.”

President Luke Wood said Sac State has been in communication with the Corporation for Public Broadcasting, which could launch an investigation or audit of their own.

A member of the CapRadio Board of Directors is calling for a major leadership change, following an audit revealing the station’s financial mismanagement.

“As a public institution, we believe in transparency and accountability,” Sac State said. “We also believe in saving CapRadio.”

CapRadio’s board met Tuesday evening in a closed meeting. In an email later that night, Sac State said the board voted to “move forward in hiring a new general manager” and the university did not support the decision and wouldn’t fund the position.

Sacramento State's Chief Financial Officer Jonathan Bownan has been appointed by President Luke Wood to be administrator in charge to CapRadio.