FTVLive hears that Allen Media President Princell Hair is leaving the troubled company.

Hair joined AMG as President in 2023, and a year and a half later, he is headed for the exit. Before working at Allen, Hair oversaw the Black News Channel, which went belly up.

“Princell Hair is a phenomenal media executive who brings an overwhelming amount of industry experience and excellent leadership skills to our 2,400-employee company,” said Byron Allen when he hired him.

We hear that Christopher Young, the CFO of The Weather Channel, will replace Hair.